Autorola France is the country’s largest online auction business reports Harris Interactive
Autorola France is officially the country’s fifth largest car auction company and the largest online only auction business.
According to the annual Harris Interactive car auction poll Autorola France moved from seventh to fifth place, the highest position achieved since the business was set up in 2007.
Seventy percent increase in turnover
Turnover has grown by 70% from 48m Euros in 2020 to 82m in 2021 as the entire automotive industry moved to online remarketing as the pandemic closed large parts of the used car market.
Autorola France is unique in that it also sells high value used cars online, not just unwanted low-cost dealer part exchanges. Its average transaction value is 12,500 Euros selling used cars for vendors such as Ford France, BMW, PSA, Athlon and BPCE, LeasePlan and VWFS.
Selling used cars online since 2007
“Our 22-strong team was proud to hear the news that we have become the largest online car auction business in France. We have stood by our principles of only selling used cars online for 15 years and the pandemic has accelerated its popularity,” said Pierre-Emmanuel Beau, MD of Autorola France.
“Buyers appreciate the power of bidding and buying used cars from their PC or phone, while vendors benefit enjoy reduced selling costs when compared with physical. We look forward to continuing our annual growth,” he said.