#United States #Atlanta #Cox Automotive #Manheim #BSC America

Cox Automotive Expands Auction Footprint

Cox Automotive is set to enhance its market presence by acquiring the Bel Air Auto Auction and the Tallahassee Auto Auction from BSC America. This move signifies a strategic expansion in the automotive auction sector, ensuring that Cox continues to dominate the landscape. The agreement, signed on July 29, 2025, aligns with Cox's plan to integrate more than 80 auction locations across the United States, totaling over 6,500 acres of auction space.

A Milestone for Cox Automotive

This acquisition is particularly significant as it coincides with the 80th anniversary of Manheim, a key brand within Cox Automotive. Grace Huang, president of Cox Automotive Inventory Solutions, expressed enthusiasm about bringing the BSC team into the Cox Automotive family, highlighting their long-standing relationship of collaboration as competitors. She stated that this acquisition reflects Cox’s ongoing commitment to expanding its reach in vital markets and providing clients with enhanced tools and services.

Services Offered by the Acquired Auctions

Both the Bel Air Auto Auction, situated in Belcamp, Maryland, and the Tallahassee Auto Auction in Florida, cater to a diverse clientele, including new and used car dealers, private fleets, and governmental agencies. They offer various services, such as:

• - Floor Planning: Financial solutions to help dealerships manage their inventories.
• - Transportation: Efficient logistics to move vehicles from one point to another.
• - Digital Sales: Opportunities for dealers to sell vehicles in a digital marketplace.
• - Reconditioning: Enhancing vehicle conditions to maximize resale value.

With over 450 talented individuals joining Cox’s team following the completion of this acquisition, clients at these auctions can expect seamless transitions and continued high-quality service.

Positive Future Ahead

R. Charles Nichols, president of BSC America, conveyed optimism about the future of their auction houses under Cox Automotive’s stewardship. He emphasized the importance of ensuring that the auctions are well-positioned for future growth, citing their shared family-owned values and commitment to quality service as a solid foundation for success.

The Future of Wholesale Auctions

This strategic acquisition comes at a transformative time in the wholesale industry as Cox Automotive seeks to redefine the overall experience clients have with vehicle auctions. Manheim is innovating by merging its digital and physical auction platforms to provide a unique, connected experience for buyers and sellers alike. In light of evolving market demands, especially concerning electric vehicles (EVs), Cox Automotive is aspiring to meet diverse client needs with scalable services.

About Cox Automotive

As the premier automotive services and technology provider in the world, Cox Automotive leads the industry with comprehensive solutions for various stakeholders, including car buyers, manufacturers, dealers, and fleet owners. The company's broad reach is complemented by its extensive data derived from over 2.3 billion online interactions annually. With a workforce exceeding 25,000 globally, Cox prides itself on a portfolio of trusted brands such as Autotrader®, Kelley Blue Book®, and Dealertrack®, demonstrating its commitment to innovation in the automotive sector.

The acquisition of the Bel Air and Tallahassee Auto Auctions marks a significant step forward in Cox Automotive's drive to enhance the vehicle auction experience and reinforce its leading position in the industry.