AUTO1 Group SE
/ Key word(s): Strategic Company Decision
Corporate News AUTO1 Group SE: Autohero secures in-house production capacity of up to 35,000 cars in Germany - The in-house production site allows Autohero to respond to the rapidly increasing demand - Production capacity of approx. 35,000 vehicles per year at full capacity - More than 300 new specialist jobs expected to be created at Autohero Berlin, November 15, 2021 - AUTO1 Group, Europe's leading digital automotive platform for buying and selling used cars online, announces today the signing of a rent agreement for a production center in the Berlin/Brandenburg region, for the purpose of reconditioning used cars for Autohero. Bringing used car production in-house allows Autohero to fully control each step of the process, which will lead to a faster and more efficient production process. With available space of over 100,000 m², the production center will add up to 35,000 cars annual production capacity. Autohero thus takes another major step in further vertically integrating its production process. Following the production process, sold cars will be dispatched to our delivery hubs and locally sold cars will directly be picked up by our glass trucks and delivered to customers. To meet Autohero's superb quality standard, the production center will create more than 300 new jobs for car specialists across different steps of the production. Such steps include quality control, followed by reconditioning, cleaning, as well as capturing photos & videos to ensure maximum transparency on the customer's end. The production center is expected to commence operations by the beginning of next year. Christian Bertermann, CEO and co-founder of AUTO1 Group, says: "We are truly impressed by customer demand. We see enormous interest from customers to buy their next car entirely online, fully embracing the outstanding Autohero buying experience. The launch of our new production center will enable us to offer significantly more cars to customers. Following the successful opening of our first in-house production center in Hemau, Germany, we have now reached another important milestone for our in-house production strategy." About Autohero For more information please visit www.auto1-group.com Contact AUTO1 Group SE | Bergmannstrasse 72 | 10961 Berlin | Germany
15.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | AUTO1 Group SE |
Bergmannstraße 72 | |
10961 Berlin | |
Germany | |
Internet: | https://www.auto1-group.com/de/ |
ISIN: | DE000A2LQ884 |
WKN: | A2LQ88 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Tradegate Exchange |
EQS News ID: | 1248876 |
End of News | DGAP News Service |
|
1248876 15.11.2021