The consolidation of online used car sales platforms continues in Europe.
This booming market weighs 400 billion euros on the Old Continent.
But it is still largely dominated by transactions between individuals.
On Thursday, the British group Constellation (owner of BCAuto Enchères, Cinch and WeBuyAnyCar) acquired CarNext, a platform combining online sales and exhibition sites intended for private and business customers.
“
This combination allows us to take pole position in Europe, with 2.5 million cars sold per year on our various platforms,
” said CarNext CEO Sophie Krishnan.
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The used car market is industrializing
The Dutch rental company LeasePlan launched CarNext three years ago to sell vehicles at the end of the leasing contract of its client companies.
Established in 32 countries, LeasePlan opened this platform to pool vehicle stocks from different countries in order to increase the number of vehicles available to
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