Manheim GlobalTrader’s Senior Director Naji Haddad is excited to announce a strategic partnership with one of Japan’s leading wholesale auctions, Arai Shoji Co, Ltd., expanding opportunity to source and supply right hand drive (RHD) vehicles to meet previously untapped market demands around the world.
The deal enables Manheim GlobalTrader to connect with buyers in the largest international RHD markets around the world. Manheim GlobalTrader will now finance and ship RHD inventory from Japan to any of the 75 countries, territories or dependencies where there is demand.
“We wanted our clients all over the world to see us as a holistic partner to serve all of their global trade needs. Japan alone exports 1.3 million cars annually to RHD countries around the world which is the reason why we decided to form a partnership there first. We see this as just the beginning to what will be a global network of partners,” announced Haddad.
Manheim GlobalTrader Creates Diverse International Network
This new deal sets Manheim GlobalTrader apart by moving away from typical local market models where auctions provide products and services for only the markets in which they are located. By creating a team of diverse, multicultural leaders with expertise in international markets, compliance standards, import and export requirements, cultures, religions, macro-economic conditions, political landscapes and all other factors affecting global trade, the team is able to provide a value proposition hinging on diversity to specifically cater to the international client.
“Diversity is critical to our success; we truly think globally but act locally,” said Naji Haddad. “To Manheim GlobalTrader, partnerships like this one in Japan are similar to how we hire team members. Of our 25 team members, 12 of us are foreign born and represent the various cultures, religions, and markets we serve around the globe. We want to surround ourselves with team members who are better and smarter than we are so we may learn, evolve, and continue to challenge ourselves. Business partnerships allow us to do the same at a global scale.”
This and other strategic global partnerships are pivotal to Manheim GlobalTrader’s future as the business unit continue to create value for Cox Automotive customers and strengthen the company’s portfolio, highlighting new markets for the remarketing industry and Cox Automotive’s OEM partners.