Tag Archives: cazoo

MOTORS has launched the all-new Cazoo app following its acquisition of the brand. The app, available in the Apple App Store and Google Play, has an easy-to-use interface enabling buyers to search for their next vehicle from a wide selection of listings from franchised and independent dealers and car supermarkets. Barry Judge, CEO of MOTORS, said: “Launching this all-new Cazoo ...

MOTORS has acquired the Cazoo brand and expressed its intention of establishing it as a mobile-first, digital marketplace. Over the coming weeks MOTORS will launch a Cazoo app, followed by a new website, with over 250,000 used car listings. Barry Judge, CEO of MOTORS, said: “Despite its challenges as a business, Cazoo has undoubtedly become a household name with car ...

G3 Vehicle Auctions has acquired the Cazoo Wholesale business to create a new ‘G3 Bedford’ auction facility which will undergo a ‘seven-figure’ investment over the next 12 months. The centre will be fully operational with a newly formed sales schedule being released soon, continuing operations as it undergoes development. G3 has secured the premises, land and existing experienced remarketing team ...

Joint Administrators David Soden and Matthew Mawhinney of Teneo Financial Advisory Limited have been appointed to Cazoo Ltd, Cazoo Holdings Limited, and Cazoo Properties Limited. Matt Mawhinney, joint administrator, said: “Following Cazoo’s decision to pivot to a Marketplace model, the Group has been winding down its legacy operations and sold a substantial number of its businesses and assets. “These sales ...

A combination of news items and conversations over the last few weeks have made me think about companies who chase the latest trend or fashion, and in doing so divert resources away from the core business and take unnecessary risks. There is clearly some sort of dividing line here, as we are all aware of the classic examples like Kodak ...

Steve Young There have been a few bits of news over the recent weeks all related to the used car business, all biased towards the UK market. However, as the pressures that have driven the various actions are not specific to the UK, then I hope that readers elsewhere will bear with me, because I believe that the lessons are ...

Click here for the latest update Cazoo has issued a statement to the New York Stock Exchange (NYSE) giving an update on its current trading position. The group announced last month it was pulling out of used car sales and moving into the marketplace model to compete with companies like Motors and Auto Trader. The group now has 14,000 cars ...

Cazoo has now gone live as a marketplace with almost 12,000 cars listed on the platform. Cazoo announed in March that it was pulling the plug on used car sales and moving into the online classified business to compete with groups like Auto Trader, Motors and CarGurus. “By leveraging our brand and leading technology platform, our aim is to boost ...

Daniel Smith, the ex-head of aftersales at Cazoo, has joined City Auction Group’s logistics arm PurpleRock as operations director. Smith will be responsible for developing PurpleRock’s vehicle defleet, logistics and repair business across all locations, including new ventures to be announced in the NW and Midlands. He said: ‘I am delighted to be joining PurpleRock as their operations director. It’s ...

Property consultants CBRE is marketing the leaseholds for 10 Cazoo centres located around the UK. The sites are located in Birmingham Bristol, Chertsey, Croydon, Edinburgh, Ipswich, Lakeside, Manchester, Northampton and Wembley “We are delighted to be launching a nationwide leasehold portfolio of ten prime car dealerships. “The sites are available as fully fitted and operational facilities way of an assignment ...