With over 33 years of automotive experience, Webb is one of the most knowledgeable professionals in the remarketing industry. As Manheim Consulting’s chief economist, he is a primary industry source, providing insightful analysis of used car market activity based on data gathered from all of Manheim’s operating locations and associated businesses, as well as industry research.
A summary of his findings is published annually in the Manheim Used Car Market Report, a document that has become an industry must-read.
In the fall of 2001, Webb introduced the Manheim Used Vehicle Value Index. By applying statistical analysis to Manheim’s database of over five million annual transactions, Webb developed a measure of used vehicle prices that is independent of underlying shifts in the characteristics of vehicles being sold. The Manheim Index is being increasingly recognized in industry circles as the premier indicator of pricing trends in the used vehicle market.
Prior to joining Manheim, Webb spent 26 years with the National Automobile Dealers Association (NADA) where he served as a spokesman and analyst for the nation’s franchised new car dealers. In 1999, Webb left NADA to become a senior manager in PricewaterhouseCoopers’ automotive practice. There, he developed measures to assess efficiency levels in the retail distribution of vehicles. He joined Manheim as Chief Economist in 2001.
Webb graduated with honors from the University of Wyoming where he majored in economics. He did his graduate work in economics at Georgetown University.Tom is a part of the Manheim Consulting Team, a group of knowledgeable professionals who transform Manheim's vast database of information along with industry insights and macro economic news and trends into actionable solutions that help customers achieve greater success. Tom brings his unique economic insights to the team's portfolio.
Manheim Consulting offers a broad scope of services including: custom analytics, business optimization, macro economic analysis, strategic development, research and more. Manheim Consulting's team of automotive strategy consultants are keenly focused on helping its customers achieve their business objectives and maximize their profit potential.