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AUTO1.com dealer network grows throughout Europe
Berlin, 06 February 2019
● AUTO1.com platform expands its dealer network by 57 percent ● More than 55,000 dealers use AUTO1.com
● Growth ensures a wide range of products and fast sales options for remarketing partners
Berlin, February 6, 2019 - AUTO1.com, Europe's leading online B2B marketplace for used cars, expanded its dealer network by 57 percent in 2018: Today, more than 55,000 dealers throughout Europe actively use AUTO1.com for their used car business. This growth also guarantees a wide range of high-quality used cars in the future and supports increased demand and rapid turnaround speed.
Dr. Moritz Lück, Vice President Dealership Sales & Operations Europe at AUTO1 Group, says: "We are very pleased about the trust our partner dealers throughout Europe have placed in us and at the same time it serves as an incentive for the future. Our growth underlines that we have established ourselves in the market as a reliable source for high quality used cars and we will strive to continue on this path. With our products and services, we are proud to increase the success of our partner dealers and to help them scale their business across Europe."
Jost Dieckhaus, Director Remarketing Europe, AUTO1 Group, adds: "Remarketing partners in particular are benefiting from the increased demand from new partner dealers: for example trade-ins or leasing cars can be marketed even faster and at the most attractive prices in Europe."
AUTO1.com, with its broad European dealer network and extensive range of vehicles, offers the number one solution in the professional used car trade. "The AUTO1.com team is continuously working to further improve and develop our products and services for our customers. Therefore, we will soon be strengthening the network effects between our customer groups with a new product," says Lück.
AUTO1.com is Europe's leading online B2B marketplace for used cars. More than 55,000 partner dealers in over 30 European countries already use AUTO1.com for their used car business. Retailers benefit from a constant stock of over 30,000 tested used cars and the opportunity to remarket vehicles to the dealer network via AUTO1.com. All services are available to our partners 24 hours a day, 7 days a week, at market-driven purchasing conditions, without hidden fees, brokerage commissions or minimum purchase. For more information, visit www.auto1.com.
AUTO1.com is part of AUTO1 Group, with more than 3,500 employees in more than 30 European countries. AUTO1 Group has its headquarter in Berlin and achieved revenues of 2.2 billion Euro in 2017.
Philip Reicherstorfer, Director of Corporate Finance
AUTO1 Group Bergmannstraße 72 10961 Berlin Germany