AUTO1 Group is an online platform designed to facilitate the efficient purchase and sale of used automobiles in the European market. The company was founded in 2012 and purchases used cars from private sellers, car manufacturers, and dealerships, and then resells them through its global dealership network. AUTO1 Group maintains a diversified, brand-agnostic inventory of vehicles that dealers can access 24/7. In 2017, more than 420,000 vehicles were traded on the company’s platform, a 40% year-over-year increase.