DGAP-News: AUTO1 Group SE: Autohero secures in-house production capacity of up to 21,000 cars in Toledo, Spain
DGAP-News: AUTO1 Group SE
/ Key word(s): Strategic Company Decision
AUTO1 Group SE: Autohero secures in-house production capacity of up to 21,000 cars in Toledo, Spain
- New in-house production site in Spain enables Autohero to fulfill strongly increasing demand
- Production capacity of approx. 21,000 vehicles per year at full capacity
- More than 250 new specialist jobs expected to be created at AUTO1 Group
Berlin, December 06, 2021 - AUTO1 Group, Europe's leading digital automotive platform for buying and selling used cars online, announces today the signing of an agreement to rent a production center in Toledo 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.
The new production facility in Toledo, 45km from Madrid, consists of 47,000 m². It increases Autohero's production capacity by more than 21,000 cars per year. AUTO1 Group will add more than 250 new car specialists across different stages of the production. The stages include repairing, cleaning, as well as capturing photos & videos to ensure excellent car quality. The production center in Toledo commences operations in the second quarter of 2022.
Having signed the fourth production center agreement for Autohero within three months, AUTO1 Group's total internal refurbishment capacity now stands at 90,000 vehicles per year at full capacity. The Group already employs more than 550 experts in production centers.
Christian Bertermann, CEO and Co-Founder of AUTO1 Group: "Our in-house production centers across three different markets in Europe make us incredibly proud. Every center is a key milestone in our journey of building the best way to buy and sell cars online. The signing of our first Spanish production center in Toledo enables us to offer customers in Spain even more cars in excellent conditions including fast delivery. We are experiencing huge demand from Spanish customers and their feedback is extremely positive."
For more information please visit www.auto1-group.com
Investor Relations contact
AUTO1 Group SE | Bergmannstrasse 72 | 10961 Berlin | Germany
06.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||AUTO1 Group SE|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Tradegate Exchange|
|EQS News ID:||1254276|
|End of News||DGAP News Service|
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