Disruptive technology

Automotive players’ forecast update

  • Companies : Auto1 Group SE | Carvana Co | Auto Trader Group plc

DAVY VIEW

Selling used cars online is not getting any easier, and we therefore bring a wave of revenue and margin decreases to our forecasts. Carvana (CVNA) was the blueprint, but it seems that Auto 1 Group SE (AG1) is now the model to copy, having successfully brought reconditioning in-house to accelerate margin expansion and processing over 600k title transfers without issue.

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Nov 28 2022, 07:40 GMT

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