Press Releases
AUTO1 Group Price Index: Used car prices remained stable in October
2 November 2023
Berlin, November 2, 2023 - The AUTO1 Group Price Index, The European Used Car Price Report, shows a stable used car price environment in October 2023. The index slightly moved from 148.0 in September to 147.8 in October, a minimal decrease of 0.1%.
Year over year, used car wholesale prices decreased by 9.4%, with the index moving from 163.2 in October 2022 to 147.8 in October of this year. Year to date, prices remain stable with a slight decrease by 1% from January to October.
About AUTO1 Group
Founded in 2012, AUTO1 Group is a multi-brand technology company that is building 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 merchant brand, AUTO1.com, is Europe's largest wholesale platform for car trading professionals. With its retail brand Autohero, AUTO1 Group is using its technology, scale and operational excellence to develop the best consumer experience to buy a car online. AUTO1 Group is operating in over 30 countries and generated a revenue of EUR 6.5 billion in 2022. Following its successful IPO in February 2021, the group's shares are trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange under the trading symbol AG1 and the ISIN DE000A2LQ884.
For more information please visit www.auto1-group.com
About the AUTO1 Group Price Index - The European Used Car Price Report
The AUTO1 Group Price Index shows the monthly evolution of used car prices across Europe. By analyzing AUTO1 Group’s database of around 3.6 million used car transactions Europe-wide, AUTO1 Group has developed a pioneering index to improve data transparency in the used car market and give insights into wholesale prices. The starting point of the AUTO1 Group Price Index is January 2015 with a reference value of 100. The AUTO1 Group Price Index is published on a monthly basis. Please find the methodology here.
Investor Relations Contact
Alexander Enge
Senior Manager Investor Relations
Phone: +49 (0)30 - 2016 38 213
Email: ir@auto1-group.com
Media Contact
Christine Preyer
Director PR & Communications
Phone: +49 175 64 59 192
Email: press@auto1-group.com