Manheim New Zealand Re-appointed by IAG

Manheim New Zealand Re-appointed by IAG

IAG has confirmed the re-appointment of automotive auctioneering company Manheim, as their preferred supplier to dispose of their written off vehicles. As New Zealand’s largest insurance company, IAG’s contract for the disposal of damaged vehicles is the largest of its type in the country.

The five year contract will see Manheim continue to auction IAG’s written off vehicles (including truck and machinery) through a combination of online sales and physical auctions utilising their operations in Auckland, Christchurch and Wellington as well as a comprehensive network of storage locations located around the country.

Manheim’s CEO, Campbell Jones, was clearly delighted by the re-appointment.  “The decision by IAG to re-appoint Manheim as their preferred supplier sends a clear signal to the market about our credibility and our capability. The fact that they have also awarded us preferred supplier status for their truck and machinery business is especially pleasing.”

“Over the past three years we have worked closely with IAG and delivered a range of innovative disposal services which are unique in the New Zealand market place. By evolving our service delivery to continually meet IAG’s needs, we have been able to provide them with a compelling case to extend our partnership for another 5 years.”

Manheim was re-appointed following a competitive tender for IAG’s business. The company specialises in the sale of vehicles (including damaged vehicles), trucks, machinery, plant and equipment to trade and private buyers, selling on behalf of customers such as insurance companies, leasing and finance companies, local government and vehicle manufacturers and dealers.

Campbell concluded, “We understand the local market and by listening to IAG’s requirements, we have been able to offer a national solution that fully caters to their needs. Our highly innovative approach combined with our ease to do business with and our ability to maximise their returns, was clearly an appealing proposition.”

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For further information please contact:

Mathew McAuley – Communications Manager
Tel: +61 3 9922 6555 Mobile: +61 400 875 686 Email: mathew.mcauley@manheim.com.au

About Manheim

Manheim has over 50 years of experience of connecting buyers and sellers of cars, trucks, machinery, and general plant and equipment. In addition to regular public car, motorcycle, damaged vehicle, truck and machinery auctions, Manheim offer services such as logistics management, transport solutions and vehicle storage.     

The company is a fully owned subsidiary of Cox Automotive, the world’s largest automotive services company. The operations in New Zealand are backed by the huge resources of Manheim internationally, who have more than 120 remarketing facilities worldwide and a presence on every continent. Globally, Manheim handle approximately 8 million vehicles per annum, facilitating transactions worth over 40 billion dollars.