AUTO1 Group

Online Car Platforms Bet on Digital Transformation to Drive Sales Growth
Online Car Platforms Bet on Digital Transformation to Drive Sales Growth
February 28, 2024  |  eCommerce

For online car platforms, the road to profitability has been volatile and oftentimes elusive. “Inventory’s been lumpy, aging and — in the age of (still)...

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Digital Automotive Platforms Add Features and Cut Costs Amid Challenges 
Digital Automotive Platforms Add Features and Cut Costs Amid Challenges 
November 09, 2023  |  Earnings

Digital automotive platforms are adding features and cutting costs as they continue to cope with a challenging economic environment.  CarGurus executives said Tuesday (Nov. 7) during...

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AUTO1 Group Raises $300M To Ramp Up Retail Platform
AUTO1 Group Raises $300M To Ramp Up Retail Platform
July 30, 2020  |  Investments

Berlin-based AUTO1 Group said on Thursday (July 30) it has raised $300 million from investors and plans to put the new funding toward developing its...

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SoftBank Wants Out Of Wirecard Partnership After Last Year’s $1B Investment
SoftBank Wants Out Of Wirecard Partnership After Last Year’s $1B Investment
July 01, 2020  |  Security & Fraud

SoftBank is looking to put distance between itself and Wirecard due to the German payments company’s ongoing scandal involving missing money and cooked books, The...

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