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Research containing Auto1 Group
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CB Insights Intelligence Analysts have mentioned Auto1 Group in 4 CB Insights research briefs, most recently on Oct 13, 2022.
Expert Collections containing Auto1 Group
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Auto1 Group is included in 2 Expert Collections, including E-Commerce.
Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.
Latest Auto1 Group News
Nov 21, 2022
21.11.2022 / 16:55 CET/CEST AUTO1 Group signed a new partnership with Arval in Italy for remarketing used cars Europe's leading company for buying and selling used cars online expands the offer of its B2C channel Autohero with vehicles bought from Arval Milan, 21 November 2022 – AUTO1 Group, Europe's leading digital automotive platform for buying and selling used cars online, signed a new partnership in Italy with Arval (BNP Paribas Group), a leading company in long-term car rental and mobility services. The multi-year collaboration will enable AUTO1 Group to offer ex long-term rental vehicles from the Arval fleet for sale on its channels and thus expand the offer dedicated to Autohero customers. Arval will benefit from AUTO1 Group's technologies, wide network and know-how to better manage the remarketing of used vehicles returned by customers at the end of the rental contract. AUTO1 Group will offer Arval's vehicles on sale on Autohero, which provides customers with the best experience to buy a used car online with its innovative technology that allows them to find the car best suited to their needs, at any time and comfortably from their device, and to receive it directly to their front door. The extensive multi-brand inventory on Autohero's online shop can be explored in every detail thanks to a rich gallery of images and a 360° tour of the cars' interiors. In addition to this, customers benefit from a one-year warranty period, extendable up to 36 months, and a 21-day money-back guarantee, ensuring the highest level of transparency and security of the service. All of Autohero vehicles, including those from Arval, meet high quality standards, certified through rigorous inspection and reconditioning processes carried out at its production centers. Great attention to the customer and quality standards also shared by Arval, which has always been committed to offering its customers the best user experience, through the constant improvement of its services and the implementation of rigorous criteria in the selection, control and periodic maintenance of the vehicles in its fleet. Stefano Galluccio, VP Italy of AUTO1 Group: “We are proud to announce a new agreement with Arval thanks to which we will be able to further increase our offer by responding even more effectively to the needs and interests of the large number of customers who daily use our services to buy a used car online. A strategic partnership with an international company that, exactly like AUTO1 Group, has always put the customer at the heart of its business through an innovative, clear and customized service. Emmanuel Lufray, Remarketing Director of Arval Italy: "The new partnership, which is valid for the next three years, allows Autohero to further expand its offer mix by accessing the quality of the Arval AutoSelect product and related services on a well-established digital showcase in the Italian market. In fact, AUTO1 Group is the best choice for Arval to take over the online channel in used-vehicle sales. Arval and Autohero have shared the same challenging strategic goals through a common desire to innovate processes, offers and standards, so as to reaffirm their respective leadership positions, surprising even the most receptive customers to the paradigm shift taking place in the sector". 21.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
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Auto1 Group Frequently Asked Questions (FAQ)
When was Auto1 Group founded?
Auto1 Group was founded in 2012.
Where is Auto1 Group's headquarters?
Auto1 Group's headquarters is located at Bergmannstraße 72, Berlin.
What is Auto1 Group's latest funding round?
Auto1 Group's latest funding round is IPO.
How much did Auto1 Group raise?
Auto1 Group raised a total of $1.364B.
Who are the investors of Auto1 Group?
Investors of Auto1 Group include SoftBank Group, Farallon Capital Management, Baupost Group, G Squared, Baillie Gifford & Co. and 18 more.
Who are Auto1 Group's competitors?
Competitors of Auto1 Group include Carvana and 6 more.
Compare Auto1 Group to Competitors
TRED provides an online marketplace that connects trusted car buyers and sellers. The identity and payment methods of buyers are verified prior to making purchases and vehicles listed for sale go through TRED's verification process before being listed.
Shenyou Advertising, operator of 51Auto, aims to provide used car information listing services through both an online web site and offline magazine publications as an used car trading information platform in China.
Chezhibao is an online used car trading site which uses an auction system to sell cars, and provides free, one-stop services for sellers.
Mojo Motors, formerly GetAutoBids, is a used car deals platform that helps car shoppers find discounts on used cars and trucks at local dealerships. After signing up for a free account, Members also receive personalized alerts when dealers drop prices.
Trusted Sale is a cashless, peer-to-peer solution that promotes safe, secure and successful transactions between anonymous individuals. The company's anti-scam solution can be used on any device, and is powered by fraud detection and digital payment technology.
SouChe Holdings is a C2C platform allowing used-car sellers to dictate their own prices, with revenue generated from commissions charged on individual transactions. Its SaaS products, which include DaFengChe, CheNiu and Chehang168, connect used car dealers to small and large new car dealers in China.
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