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Wizzle was rebranded Sell Your Car, allowing Carwow to grow the business significantly by entering the used car market. In 2022, Volvo Cars acquired a minority stake in the company. [18] In November 2022, Carwow cut nearly a fifth of its total staff due to economic concerns. Around 70 staff members were released across the UK, Spain and Germany ...
In September 2024, Auto Express launched its own "Sell my car" [18] service providing consumers with the option of selling their car directly to the Carwow Group network of over 5,500 verified UK car dealers. The service on the Auto Express website works by providing a car valuation and giving users the option of listing the car for sale.
In 2021, Carbuyer and the rest of Dennis Publishing's automotive assets were spun-off as independent company called Autovia, which also published Auto Express, evo, DrivingElectric and Octane. In 2024, the remaining Autovia brands, including Carbuyer, Auto Express, evo and DrivingElectric, were purchased by Carwow. [11] [12] [13]
The company was founded by Noel and Darren McKee in 2006. [7]In 2013, the company was sold to the used car marketplace, British Car Auctions (BCA). [8]In November 2019, private equity group TDR Capital completed the purchase of webuyanycar.com's parent company, BCA, for a reported £1.9bn.
A dealer auto auction is a specialized form of auction. Millions of vehicles are sold at such dealer auto auctions every year. These auctions are restricted to the general public and only licensed dealers can participate. Prices of vehicles sold at dealer auctions tend to be lower than those advertised on any dealer's lot.
Mecum Auctions, Inc. is an American auction company specializing in collector cars and motorcycles. It was founded by Dana Mecum in 1988, and was originally based in Marengo, Illinois . Since 2011, it has been headquartered in Walworth, Wisconsin .