Auto Trader has strengthened its competitive position significantly, achieving a tenfold advantage over its nearest competitor in terms of people looking to buy and sell cars online.
In impressive financial results for the year ended 31 March, the online marketplace reported a significant increase in both revenue and operating profits, underlining its dominance.
Group revenue, which includes the Autorama leasing business it acquired in 2022, rose by 14% to £570.9m against £500.2m last time.
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Author:
Aimee Turner
Deputy editor
AM deputy editor Aimée Turner has been a specialist B2B editor and journalist covering the international transportation sector for more than 20 years.
She has specialised in the significant safety, regulatory, and environmental issues that impact advanced technology businesses in the pursuit of more efficient, safer and sustainable transportation modes.
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