Cazoo administrators Teneo say Cazoo’s failure was driven by factors including “aggressive expansion strategies, a competitive market, high consumer acquisition costs and unfavourable economic...

FCA PLEDGES TO CUT RED TAPE CAZOO: ‘AGGRESSIVE EXPANSION’ A FACTOR IN FAILURE LITHIA UPS STAKE IN PINEWOOD MOTORCYCLE RETAILERS DISSATISFIED, NMDA SURVEY REVEALS LITHIA Q2 RECORD REVENUE BUT...

MON MOTORS ACQUIRES RETAILERS FROM HERITAGE FURROWS IN £4.3M PROFIT CROWDSTRIKE MICROSOFT OUTAGE TO IMPACT RETAILER PAYROLL? ‘MOTORWAY SUCCEEDING WHERE CAZOO FAILED’ CHINA’S SECOND-LARGEST...

EXCLUSIVE: NFDA ON THIS WEEK’S GENERAL ELECTION MOTORPOINT SLASHES BONUSES FOR CARPENTER, MORGAN MOTORS ADMITS ‘MIXED SENTIMENTS’ IN ACQUIRING CAZOO CDK DMS CYBERATTACK COULD COST US RETAILERS...

LOTUS U-TURNS ON AGENCY ZEV PRESSURE LAID BARE IN NFDA ELECTION SURVEY JONATHAN GRAVELL TO DISCUSS ZEV MANDATE ON AUTO RETAIL LIVE CAZOO ANNOUNCES WINDING-UP VOTE 50% OF US RETAILERS DOWN AFTER CDK...

A customer who bought a car from Cazoo says she has been left with a £1k repair bill after the company went into administration. She purchased the £10k Peugeot in February and a fault was found in...

NFDA MANIFESTO TO LAUNCH THIS WEEK CAZOO CUSTOMER GETS £1k BILL AFTER COLLAPSE COULD WORK EMAILS BE BANNED AFTER 5PM? RETAILERS STILL UNDERPRICING IN-DEMAND STOCK KIA ACCUSES US RETAILER OF $500k...

FORD AGENCY U-TURN NFDA SURVEY EXPECTED TO SHOW IMPROVEMENTS CAZOO CEO PAUL WOODHEAD OFFICIALLY STEPS DOWN PINEWOOD PAYS OUT £358m PENDRAGON RETURN MOTORPOINT IMPROVES BUT ZEUS REMAINS NEUTRAL US...

FCA: COMPANIES ‘ALMOST CERTAINLY’ GUILTY OF DCA FAILINGS STRATSTONE BYD BIRMINGHAM ‘PERFECT’ TRIUMPH ALEX CHESTERMAN TO SHARE £30m WINDFALL CATCH UP WITH AUTO RETAIL LIVE VOLVO EYES DTC IN...

Cazoo will cease to be a used car retailer, de-list from the New York Stock Exchange and attempt to become a rival to Auto Trader, Carwow and Motors. In a stock market statement today, 6 March, Cazoo...

Cazoo is facing a funding crisis and must persuade shareholders to agree to an urgent cash injection – and is understood to be preparing contingency measures including new investors, a sale or...

CAZOO SEEKS CASH LIFELINE NISSAN PLANS RANGE SIMULATOR FOR EV ADVERTISING SKODA TO DOUBLE APPROVED USED COVER FROM MARCH MOTOR FINANCE FIRM IN PROFIT WARNING HYUNDAI EUROPE HIT BY RANSOMWARE ATTACK...

GARY SAVAGE HITS BACK AT NFDA SURVEY RESULTS MARSHALL POSTS £43m PROFIT FOR 2023 CAZOO LAUNCHES CONVERTIBLE NOTES EXCHANGE OFFER AUTO TRADER SAYS ‘CONTEXT IS CRITICAL’ AS USED PRICES FALL COX...

Cazoo sales have halved year-on-year from 23,775 vehicles to 12,021. Revenue was also down 50%, to £173m, in the three months to the end of September. However, profit per unit tripled, from £488 to...

NFDA CONSUMER ATTITUDE SURVEY RETURNS CAZOO SALES HALVE MOTORPOINT DERBY CLOSES DUE TO STORM DAVID GEORGE IS NEW BMW GROUP CEO CYBER SECURITY CONFERENCE TO EXPLORE NEW THREATS STELLANTIS TAKES STAKE...

ARNOLD CLARK PROFIT FALLS FROM RECORD HIGH HOUSE OF LORDS DEMANDS ANSWERS ON ZEV MANDATE DAVID BECKHAM OPENS HR OWEN MASERATI HATFIELD VERTU STAYS IN BTCC FOR 2024 LISTEN AGAIN: AUTO RETAIL LIVE CAZOO...

COULD HALFORDS’ LATEST ANTI-DEALER ADS FACE ASA CHALLENGE? RETAILERS TELL NFDA CHARGING IS NOW BIGGEST EV BARRIER ‘GREEN SHOOTS’ AS USED EV PRICES STOP DECLINING ASHLEY ANDREW STEPS IN AS ANDREW...

CAZOO HEAD OF OPERATIONS JAMES DOWER TO LEAVE MERCEDES-BENZ PLANS ‘SHOWROOM EVENT’ HARWOODS 2022 PROFIT DIPS TO £7.8m BARRETTS ‘NOT HAPPY’ ABOUT STELLANTIS BRAND CLOSURE INCHCAPE IN NEW...

RETAIL EV DEMAND NOT HIGH ENOUGH FOR 22% TARGET PENDRAGON SHAREHOLDER REVOLT MARSHALL LOSES ANOTHER DIRECTOR VERTU OPENS NEW SITE IN OLD CAZOO RETAILER NEW VOLKSWAGEN UK HEAD OF NETWORK SALES FORD...

AGENCY ‘YET TO BE FULLY TESTED’ GROUP 1 RETURNS SKODA TO COLCHESTER VAN MOSSEL JACKSONS DEAL WORTH £13.5m AWARD-WINNING HEYCAR AD WINS AIDS RETAILER RETENTION SONIC IN Q2 USED CAR HIT J.D. POWER:...