Market Share of Germany Used Car Industry
Germany's used car market is highly fragmented, with numerous startups and regional players. However, major used car selling companies are forming joint ventures and partnerships to launch newer products in order to gain a competitive advantage.
- In December 2021, Cazoo Ltd., an online car retailer, launched its operation in Germany and France as part of its plan to expand across Europe. It follows the recent acquisitions of German car subscription service Cluno and Spanish vehicle subscription marketplace Swipcar. This would include buying cars directly from customers, fully digital financing, and all-inclusive monthly subscriptions, among other things to its venture.
Germany Used Cars Market Leaders
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CarNext.com
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AUTO1.com GmbH
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mobile.de
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OOYYO Corporation
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Cazoo Ltd.
*Disclaimer: Major Players sorted in no particular order
