NC Company Overview
AUTO1 Group is a marketplace for used cars that certifies its own inventory using its network of branches all over Europe. It aims to connect buyers and sellers of cars in order to help dealers trade effortlessly and ensure a high-quality supply. It can source new inventory from partner dealers and OEMs and makes trading in cars simple and flexible both for consumers and for car dealing businesses.
AUTO1 Group, based in Berlin, Germany, was founded in 2012 in order to better serve the German car buyer and dealership market. It has expanded to offer similar platforms to the markets in other European countries, including France, Portugal, Spain, the Netherlands, Italy and many more.
As of May 2019, AUTO1 Group has become Europe’s leading car trading marketplace with operations in more than 30 countries. It has a stock of 30k cars at any given time and has served over a million private customers. It has over 400 evaluation branches and more than 4k employees across Europe, and it had a revenue of 2.9 billion EUR in 2018. With over 55k professional partners and websites local to many of the major European markets, AUTO1 is one of the most trusted places online for the automotive trade.