Market Share of United Kingdom Used Car Industry
The used cars market in the United Kingdom is fragmented, with slight variations in market share held by the players. This is attributed to the increased number of pre-owned car retail outlets. Arnold Clark, Cazoo, and the Aramis Group are among the major players. To maintain their market positions, these companies are pursuing various growth strategies.
For instance, in January 2023, Marubeni Corporation, acting through Marubeni Auto Investment UK Limited (MAIUK), acquired an 80% stake in HPL Motors Limited (HPLM). HPLM serves as the holding company for Heaton Park Garage Limited (HPL), operating three specialized used car stores near Manchester. This acquisition strengthens Marubeni's presence in the automotive sector, particularly in the dealership business, expanding its reach in key locations like Manchester and London in the United Kingdom.
United Kingdom Used Car Market Leaders
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Cinch Cars Limited
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Constellation Automotive Group Limited
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Arnold Clark Automobiles Limited
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Aramis Group
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Cazoo Ltd.
*Disclaimer: Major Players sorted in no particular order
