British online auto marketplace Cazoo has reported upbeat second quarter and first half 2023 financial results, months after completing its withdrawal from European businesses to concentrate exclusively on its U.K. home turf. Commenting on the results in a Tuesday (Aug. 1) press release, Cazoo CEO Paul Whitehead said he was...
British auto marketplace Cazoo is selling its German subscription business two years after buying it. The decision, announced in a Friday (Feb. 17) statement, comes after the online used car dealer informed investors earlier this year of belt-tightening plans that will involve layoffs and the closure of some of its...
April 11, 2024
CarMax is deploying tech solutions to boost efficiency as it continues to deal with a tough environment for buying and selling used cars. “Fiscal 2024 was a challenging year across the used car industry as vehicle affordability and widespread macro factors continue to pressure sales,” CarMax President and CEO Bill Nash said Thursday (April 11) during the company’s […]
August 01, 2023
British online auto marketplace Cazoo has reported upbeat second quarter and first half 2023 financial results, months after completing its withdrawal from European businesses to concentrate exclusively on its U.K. home turf. Commenting on the...
