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Tuesday, July 12, 2011

Manheim Auto Auction has laid off 96 jobs in Manheim, Pa., and closed its facility in Nashville, Tenn., and cut 127 jobs.

Manheim blamed the layoffs on the auction industry's switch to more Internet transactions instead of live auctions.  Manheim also decided to eliminate the second shift in its detailing shop in Manheim, Pa., because of a decline in institutional sales.

Manheim, Inc., is an automobile auction company.  It is the largest one in the world by volume of trade.  As a subsidiary of Cox Enterprises, Inc., Manheim provides services including financing, title work, transportation, recovery, auto body repair, dealership management systems, dent repair and remarketing technology.

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