AUTO1 Group Expands Merchant Financing to Belgium and Netherlands

AUTO1 Group SE has announced the extension of its Merchant Financing solution to Belgium and the Netherlands. This expansion follows successful implementations in Germany, France, Spain, and Austria, further driving growth and profitability for the company. The group offers partner dealers the ability to purchase vehicles from AUTO1.com without their own equity, streamlining their business operations.

The financing solution integrates smoothly into the AUTO1.com platform, allowing dealers to instantly add financing to vehicle purchases. This innovation provides immediate approval, enhancing the digital experience for merchants by offering quicker access to vehicles and documentation compared to traditional methods.

Markus Boser, CFO of AUTO1 Group, describes the financing solution as a significant future revenue driver, while CEO Christian Bertermann emphasizes the group's commitment to supporting its Dutch and Belgian partners with increased speed and convenience. Initially launched in Germany, AUTO1 Financing is rapidly expanding across Europe.