Investor Relations

AUTO1 Group SE: Autohero launches home delivery with proprietary Glass Trucks in Munich and Leipzig

2021-07-15 11:15:01
DGAP-News: AUTO1 Group SE: Autohero launches home delivery with proprietary Glass Trucks in Munich and Leipzig

DGAP-News: AUTO1 Group SE / Key word(s): Miscellaneous
15.07.2021 / 11:15
The issuer is solely responsible for the content of this announcement.

Press Release

Autohero launches home delivery with proprietary Glass Trucks in Munich and Leipzig

Berlin, July 15, 2021 - Autohero, the first fully digital automobile platform for consumers in Europe, announced today that it will open two new Glass Truck home delivery hubs in Munich and Leipzig, growing its fleet of custom-made glass box trucks for the delivery of used cars across Europe.

The launch of the two home delivery hubs goes hand in hand with Autohero's ambitious growth targets: The number of cars sold via Autohero in the first quarter of 2021 nearly doubled to more than 7,800 from approximately 4,200 in Q4 2020 as the company rolled out its ''Buy Your Car Simply Online'' brand campaign across Europe. AUTO1 Group plans to continue investing heavily in the Autohero opportunity in the coming months including through its new sponsorship deals with Hertha BSC, a football club in Germany's Bundesliga based in Berlin, and the DTM.

Autohero, the retail brand of AUTO1 Group, provides consumers with an easy, hassle-free way to purchase used cars online and have them delivered to their doorsteps. Europe's leading platform for buying and selling used cars online allows consumers to shop online for their preferred car, secure financing, trade-in their old car and schedule delivery from the comfort of their home. With the opening of the two Glass Truck hubs in Munich and Leipzig, Autohero is now able to deliver cars to over two thirds of German households in its proprietary glassbox trucks, taking the online shopping experience of buying a used car to the next level.

Christian Bertermann, CEO and co-founder of AUTO1 Group, says: "We firmly believe that the online purchase of used cars will grow even more in the future and that is why we are investing heavily in the expansion of our online car dealership. Our glass trucks represent Autohero's core promise: transparency and ease. At Autohero.com, we are absolutely transparent about what we offer. Completing your used car purchase with us online and having the car delivered to your doorstep is the safest and most efficient way to buy a car. Our customers greatly appreciate the fast and uncomplicated delivery to their homes. We are therefore pleased that our customers in the greater Munich and Leipzig area will now see our glass trucks even more often."

With the launch of the two home delivery hubs with Glass Trucks in the Munich and Leipzig regions Autohero now provides home delivery with its Glass Trucks in 10 major city regions across Germany.

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About Autohero
Autohero GmbH is a brand of AUTO1 Group and enables its customers to buy used cars conveniently, safely and individually. The company consistently offers its vehicles for sale with the Autohero quality standard. Buyers also benefit from Germany-wide delivery of the vehicle either to a nearby showroom or directly to their doorstep. Beside 21 days money back warranty, the vehicles have a year warranty.

Investor Relations contact
Philip Reicherstorfer
Director Corporate Finance
Phone: +49 (0)30 - 2016 38 213
Email: ir@auto1-group.com

Media contacts Consumer PR
Jana Imme
Team Lead PR
jana.imme@auto1.com
+49 30 2016 3870 21

Paula Schmidt
Autohero PR Manager
paula.schmidt@auto1.com
+49 160 7840 815

About AUTO1 Group
Founded in 2012, AUTO1 Group is a multi-brand technology company that is building the best way to buy and sell cars online. Its local European consumer brands like wirkaufendeinauto.de offer consumers the fastest and easiest way to sell their car. Its merchant brand, AUTO1.com, is Europe's largest wholesale platform for car trading professionals. With its retail brand Autohero, AUTO1 Group is using its technology, scale and operational excellence to develop the best consumer experience to buy a car online. AUTO1 Group is operating in over 30 countries and achieved revenues of €2.83 billion in 2020.

For more information please visit www.auto1-group.com

AUTO1 Group SE | Bergmannstrasse 72 | 10961 Berlin | Germany



15.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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