DGAP-News: AUTO1 Group SE: Autohero secures internal production capacity of up to 18,000 cars in Warsaw, Poland

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AUTO1 Group SE: Autohero secures internal production capacity of up to 18,000 cars in Warsaw, Poland

29.11.2021 / 07:30
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AUTO1 Group SE: Autohero secures internal production capacity of up to 18,000 cars in Warsaw, Poland

Internal production site in Poland enables Autohero to accelerate its strong growth

– Production capacity of approx. 18,000 vehicles per year at full capacity

– More than 275 new specialized jobs should be created at Autohero

Berlin, November 29, 2021 The AUTO1 group, European leader in the digital automotive platform for the purchase and sale of used cars online, today announces the signing of a rental contract for a production center in Warsaw with the aim of reconditioning used cars for Autohero. Bringing used car production in-house allows Autohero to fully control every step of the process, which will lead to a faster and more efficient production process.

The Warsaw production center consists of 22,200 m², including a production workshop and a yard for temporary storage of cars, which increases Autohero’s production capacity to 18,000 cars per year.

The AUTO1 group will create more than 275 new jobs for automotive specialists in the Autohero production center in Warsaw at different stages of production. They include repair, cleaning, as well as photo and video capture to ensure Autohero’s exceptional quality standard. The Warsaw production center immediately starts operations.

Christian Bertermann, CEO and co-founder of the AUTO1 group, says: “Having succeeded in securing our internal production capacities in Hemau and Berlin / Brandenburg in Germany, we are now extending our international production strategy to the next market. We are very proud to sign our new production center in the Polish metropolis of Warsaw, which will help us to further develop our offering of top quality products. Customers are looking to buy their next car entirely online and are increasingly moving away from traditional, time-consuming and unsatisfying car-buying experiences. We are perfectly positioned to meet the rapidly increasing demand.

About Autohero

Autohero, Europe’s fastest growing used car online seller, is a brand of the AUTO1 group and enables its customers to purchase used cars in a convenient, safe and individual way. The company offers vehicles from its own inventory and sells them with the Autohero exceptional quality standard. Buyers benefit from free delivery of the vehicle directly to their front door or as an option to a pick-up point near the customer. In addition to a 21-day money-back guarantee, all vehicles have a one-year warranty.

About the AUTO1 Group

Founded in 2012, the AUTO1 group is a multi-brand technology company that develops the best way to buy and sell cars online. Its local European consumer brands like wirkaufendeinauto.de offer consumers the fastest and easiest way to sell their car. Its brand, AUTO1.com, is Europe’s largest wholesale platform for automotive professionals. With its Autohero retail brand, the AUTO1 Group uses its technology, size and operational excellence to develop the best customer experience for buying a car online. The AUTO1 group is present in more than 30 countries and achieved a turnover of 2.83 billion euros in 2020. Following its successful IPO in February 2021, the group’s shares are traded on the regulated market (Prime Standard) of the Frankfurt Stock Exchange under the symbol AG1 and the ISIN DE000A2LQ884. Since June 21, 2021, the shares have been listed on the MDAX index of the Deutsche Börse (German Stock Exchange).

For more information, please visit www.auto1-group.com

Investor Relations Contact
Alexandre enge
Senior Director of Investor Relations
Telephone: +49 (0) 30 – 2016 38 213
E-mail: [email protected]

AUTO1 SE Group | Bergmannstrasse 72 | 10961 Berlin | Germany

29.11.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this advertisement.

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