Online used car platform CarNext has announced the acquisition of technology platform AutoManager, supporting CarNext’s cross-border marketplace.
AutoManager’s digital vehicle management platform has been designed to enable online vehicle remarketing. The platform automates the processes for vehicle onboarding onto the CarNext marketplace using a vehicle identification number (VIN).
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Through the tie-up, CarNext will gain instant insight into all the vehicle on its platform, including their unique specifications. As a result, CarNext hopes to enhance the services it offers to its network of third-party suppliers, offering full transparency on vehicle pricing, channel selection and stock management.
“CarNext.com is committed to providing our customers with the ability to select any high-quality used car across Europe,” said Ewout van Jarwaarde. “By acquiring AutoManager, we now have full visibility into vehicle supply and demand across our operations, which means we can offer our customers not just a great selection of cars from their local market but from all of the 23 European countries we operate in.
“In addition, the AutoManager technology provides our rapidly growing third-party supplier network with a seamless experience and full transparency on what’s happening with their vehicles across our pan-European platform. This will further underpin our position as the leading marketplace for high-quality used cars and enable us to deliver any car, anytime, anywhere in Europe.”
Maarten Bekkers, general manager at AutoManager, added: “We built AutoManager to bring transparency and simplicity to what is an incredibly fragmented and complicated used car market. Becoming part of CarNext.com will enable us to continue to develop our technology platform and improve the experience for everyone in the used car value chain – whether that’s customers, suppliers or retailers.”
Parent company LeasePlan last year floated on the stock exchange in Amsterdam and Brussels, six months after its chief executive said the company was taking its time to build the strongest investor pitch possible.
