Online used car platform “heycar” expands internationally
BRAUNSCHWEIG, 15-Aug-2019 — /EuropaWire/ — Successful online used car marketplace “heycar” expands internationally into the United Kingdom. Providing high-quality used vehicles with warranty to used car buyers in England, Wales, Scotland and Northern Ireland at www.heycar.co.uk. The heycar brand operates under Mobility Trader UK Ltd. in the United Kingdom. Mobility Trader UK is a wholly-owned subsidiary of Mobility Trader Holding GmbH and is a sister company of the German Mobility Trader GmbH. Mobility Trader Holding GmbH’s shareholders are Volkswagen Financial Services AG with 80 percent of the shares and Daimler Mobility AG with 20 percent.
Frank Fiedler, CFO of Volkswagen Financial Services AG, comments: “We are pleased that heycar has now taken the first step towards an international expansion. Following the positive reception of heycar in Germany, we now want to serve dealers and customers in the United Kingdom just as successfully and thus further expand our used car business.”
heycar brings greater transparency and trust to the used car market in the UK. Through partnerships with trusted dealers, all major automotive brands are available in heycar. All vehicles offered at heycar are less than eight years old and have done less than 100,000 miles and come with a warranty. Being the second largest used car market in Europe, United Kingdom benefits from heycar’s simpler solution to search for and find their used car, complete with a finance quote, in a seamless online journey.
Mat Moakes CEO of Mobility Trader UK Ltd, added: “The UK used car market, the second largest in Europe after Germany, works inefficiently for buyers and dealers. heycar will disrupt this industry through a simple, tech-led proposition and will take market share from the incumbents to become the number one site for high quality used cars in the UK.”
heycar starts in the UK with over 100,000 used cars from nearly 50 brands and as the company expands partnerships with dealer groups across the UK, it will continue to add more vehicles to its platform.
heycar was launched in Germany in October 2017. Currently, around 400,000 vehicles from different brands are available on the platform.
Information for editors
Volkswagen Financial Services key business fields embrace dealer and customer financing, leasing, the bank and insurance business, fleet management and mobility offers. Volkswagen Financial Services have a total of 16,267 employees worldwide – including 7,010 alone in Germany. Volkswagen Financial Services report total assets of around EUR 207.6 billion, an operating result of EUR 2.6 billion euros and a portfolio of around 20.3 million current contracts (as at: 31.12.2018). Volkswagen Financial Services is a business division of the Volkswagen AG group of companies and comprise Volkswagen Financial Services AG along with its associated companies, Volkswagen Bank GmbH, Porsche Financial Services, and the financial services companies in the USA and Canada that belong directly or indirectly to Volkswagen AG – with the exception of the financial services of the Scania brand and Porsche Holding Salzburg.
For press information:
Marc Siedler (Press spokesman)
Phone: + 49 (0)531 / 212-87675
E-Mail: marc.siedler@vwfs.com
www.vwfs.com
SOURCE: Volkswagen Financial Services
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- Leading European Crowdfunding Firm FundedByMe Kicks-Off Property Portal MIPARO’s Campaign May 21
- Digi Communications NV Announces that Conditional stock options were granted to several Directors of the Company based on the general shareholders’ meeting approval from 2 May 2018
- Digi Communications NV Announces the Exercise of stock options in accordance with the stock option plan approved at the level of the Company in 2017 for its Executive Directors
- Vor Beyoncés Blockbuster-Tournee durch Deutschland im Juli 2018 erscheint die lang erwartete Beyoncé und Destiny’s Child Dokumentation, die bei Amazon Direct in Deutschland erhältlich is
- Launch of new research journals European Journal of Sciences (EJS)® & European Journal of Social Sciences (EJSS)®
- Silver is Gold: The first European Silver Economy Awards have announced its winners
- Icelandair en het nationaal voetbalelftal creëren samen de Team Iceland Stopover: een reeks van 90 minuten durende, op voetbal geïnspireerde ervaringen
- Icelandair en collaboration avec l’équipe nationale de football créent la Team Iceland Stopover – une série d’expériences de 90 minutes inspirées du football
- Icelandair und die Fußballnationalmannschaft gestalten gemeinsam Team Iceland Stopover – eine Reihe von 90-minütigen, vom Fußball inspirierten Erlebnissen
- Icelandair and national football team co-create Team Iceland Stopover – a series of 90-minute football-inspired experiences
- Anti-rating: No leap of faith here: 15 countries with restrictions on cryptocurrency transactions
- ZOOM International Introduces GDPR Compliance in 6.3 Release
- Finer.es comienza su actividad
- Animal rescue hero loses his heroic battle with cancer
- International Association of Trampoline Parks (IATP) Jumping to New Heights in Europe – 2nd Annual EU Conference & Trade Show
- CONDA ICO: Whitelisting phase started as of April 1st
- International Day of Riding Announced
- April 10th, Conference in the European Parliament, Brussels, themed: A FUTURE FOR DEMOCRACY IN SYRIA
- Mono Solutions and Orange partner to expand digital services for SMBs in France
- Alliance Life Sciences is a Sponsor at World Pharma Pricing and Market Access Congress 2018, Showcasing Data and Technology Solutions
- Harald Xperience first in Finland to take augmented reality (AR) to restaurants
- 2018 ‘Farming by Satellite’ Prize seeks entries from across Europe
- BookingPal étend ses activités en France à mesure que les opérations européennes grandissent
- Schuster Manfred Hubert agrees with future oil predictions
- World Life Experience is headed to Ljubljana
- Whirlpools World Spain eröffnet in Teulada größten Whirlpool-Showroom in ganz Spanien
- Whirlpools World Spain opens biggest whirlpool bath showroom in the whole country
- RCH Group to Showcase Innovative Selling Solutions at EuroCIS
- MeetingPackage.com Präsentiert einzigartiges Reservierungsportal für Meetings & Events
- MeetingPackage.com Lance son Moteur de Réservation Exclusif pour Réunions & Événements
- MeetingPackage.com Introduces Unique Booking Engine for Meetings & Events
- ANECON becomes Nagarro
- UK Education Consultancy Services Ltd announced that the premiere issue of Scientific European® (a popular science magazine) is released on 19 January 2018
- RCH Europe to Present Smart Solutions for POS at INTERGASTRA 2018
- Raport: Jak zaoszczędzić na hiszpańskich wakacjach nad morzem
- Onthuld: zo vind je de beste deals voor je zomervakantie naar Spanje
- Finden Sie diesen Sommer die besten Spanien Angebote in der Zwischensaison
- Revealed: How to get the best value savings on your Spanish summer holiday
- Point of Sale Systems: RCH Group Expands European Operations
- Adomik a obtenu la 14e place au classement 2017 TECHNOLOGY FAST 500 pour la zone EMEA et la 3e place au classement Deloitte 2017 TECHNOLOGY FAST 50 pour la France
- Adomik auf Rang 14 der 2017 TECHNOLOGY FAST 500 EMEA und auf Platz 3 der Deloitte 2017 TECHNOLOGY FAST 50 für Frankreich
- Adomik Awarded #14 Ranking in 2017 TECHNOLOGY FAST 500, EMEA; #3 ranking in Deloitte 2017 TECHNOLOGY FAST 50 for France
- MeetingPackage.com Launches its Exclusive Affiliate Partner Program
- P2P Investment Loan Platform Enters Blockchain Sector with ICO Launch
- International Symposium on the Accessibility to High-Value Medicine, December 5-6, 2017, London
- Axiomatics Releases New Version of SmartGuard™ for Big Data
- No Time To Waste! Conference Takes a Practical Approach to Tackling Waste Crime
- HET DIGITALE EINDEJAARSVUURWERK VAN ONELIFE!
- LE FEU D’ARTIFICE DIGITAL DE FIN D’ANNEE DE ONELIFE !
- ONELIFE’S YEAR-END DIGITAL FIREWORKS!
- Alliance News riceve un investimento strategico da parte di PA Group e dpa per sostenere l’espansione nell’area EMEA
- #SUCCESVOL #VERHUIZEN: VERHUIZEN NAAR HET BUITENLAND
- #REUSSIR SON #EXPATRIATION: LE PARCOURS DE L’EXPATRIATION
- #SUCCESS IN #RELOCATION: THE RELOCATION JOURNEY
- 99X Technology hosts its first international breakfast seminar on digitalization in Oslo
- Spain-Holiday.com City Break Cost Index Autumn Winter 2017
- Continuing Growth Triggers Expansion and New Office in Spain for MeetingPackage.com
- 99X Technology drives digital disruption at Webdagene 2017 Oslo
- В Киеве состоится SphereCon 2017 – конференция, объединяющая Ruby on Rails, Go, разработчиков программного обеспечения и дизайнеров
- TechTrans Announces Partnership with Tidel (external link)
- Axiomatics Data-Centric Dynamic Authorization Product Suite Recommended in New KuppingerCole Analyst Report
- Throne of Lies, the highly anticipated online game of Deceit, launches on Steam
- SecBI and Innovery Announce Partnership to Promote SecBI’s “Autonomous Investigation” Cybersecurity Solution to the Italian and Spanish Markets
- "Heillandi Peking" Ljósmyndasýning um ferðalög haldin í Reykjavík
- Grammy Winner Coolio & Wrestling Legend Virgil on an Adult Star’s Presidential Ticket – Press Conference
- Invacare introduce their first touch screen remote
- Invacare International take powerchairs to a new level
- Industrial Laser Peening Research at ZAL Techcenter
- Blind Children Find New Hope Through Music in Wuhan, China
- Editor's pick archive….
OncoBeta® chosen as a 2019 Red Herring North America Top 100 Winner
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