Cazoo news and trends

Cazoo Switches Focus to Become ‘Pure Play’ Automotive Marketplace

March 06, 2024
Cazoo
Cazoo Restructuring Bears Financial Fruit Amid Struggling Global Used Car Market
Earnings // April 27, 2023

British online auto marketplace Cazoo said an intense focus on improving unit economics as well as restructuring activities which saw it ditch its other European businesses to concentrate exclusively on the U.K. market, are “starting to bear fruit.” Get the Full Story Complete the form...

Automakers Hike Discounts as Interest Rates Chase Buyers Away
Consumer Insights // April 02, 2023

Automakers are under increased pressure to discount their cars as higher borrowing costs make consumers nervous. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Cazoo Reports $872 Million Loss After Closing EU Car Operations
Earnings // March 30, 2023

Cazoo is enjoying record revenue but feeling the sting of shedding its European auto business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Cazoo Latest Exit Signals Trouble in Europe’s Once-Booming Used Car Market
Retail // February 17, 2023

British auto marketplace Cazoo is selling its German subscription business two years after buying it.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Interviews & Exclusives
Cazoo ‘Laser-Focused on Profitability’ as Shares Surge Nearly 200% Post Upbeat Q2 Results

August 02, 2022
Investors’ tendency to slash the valuations of unprofitable businesses when the macroeconomic winds aren’t blowing their way is understandable. But for companies that are feeling the brunt of investor skittishness, making a solid argument for shareholders not to jump ship in times like this is the only way out of the predicament. Get the Full […]

Quick Reads
Cazoo Switches Focus to Become ‘Pure Play’ Automotive Marketplace

March 06, 2024
Cazoo’s days of selling used cars are coming to an end. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and […]

Automakers Hike Discounts as Interest Rates Chase Buyers Away

April 02, 2023
Automakers are under increased pressure to discount their cars as higher borrowing costs make consumers nervous. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cazoo Reports $872 Million Loss After Closing EU Car Operations

March 30, 2023
Cazoo is enjoying record revenue but feeling the sting of shedding its European auto business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Used Car Sector Faces ‘Challenging Year’ as Consumers Cut Spending

January 31, 2023
Inflation and an uptick in new vehicle production have dampened the market for used cars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...