Curated News
By: NewsRamp Editorial Staff
December 04, 2025
AUTO1 Group Secures €1.6B Financing to Power European Used Car Expansion
TLDR
- AUTO1 Group's expanded EUR 1.6 billion financing gives it a competitive edge to scale inventory and capture more market share across Europe's used car market.
- AUTO1 Group upsized its asset-backed securitization to EUR 1.6 billion by expanding its bank group from six to thirteen and extending the revolving period to November 2027.
- This financing expansion helps AUTO1 Group provide better services and a wider car selection to consumers and dealers, improving access to quality used vehicles across Europe.
- AUTO1 Group now finances up to EUR 1.6 billion in used cars, a 45% increase, with support from thirteen major banks including Credit Agricole and BNP Paribas.
Impact - Why it Matters
This financing expansion has significant implications for Europe's used car market. For consumers, it means greater availability and potentially better pricing as AUTO1 Group can source more inventory for its Autohero retail platform and wirkaufendeinauto.de selling service. For car dealers, the expanded AUTO1.com wholesale platform will offer more vehicles and improved liquidity. The involvement of thirteen major banks demonstrates strong institutional confidence in the digital automotive sector, potentially attracting more investment to similar platforms. As Europe's largest player scales up, it could accelerate the digital transformation of used car transactions across the continent, making buying and selling vehicles more efficient and transparent for all participants.
Summary
AUTO1 Group SE, Europe's leading digital automotive platform for used cars, has successfully upsized and extended its inventory asset-backed securitisations, boosting its financing capacity to €1.6 billion to fuel ambitious growth across the continent. This significant financial maneuver enables the company to finance more used car inventory, supporting expansion plans for its three core brands: wirkaufendeinauto.de, Autohero, and AUTO1.com. The transaction's key highlights include an expanded bank group growing from six to thirteen leading institutions, reduced interest margins with improved economic conditions, and an extended revolving period through November 2027.
Philip Reicherstorfer, VP Treasury, IR & Captive Finance of AUTO1 Group, emphasized that this upsizing strongly positions the company for anticipated business growth in 2026, thanking banking partners for their ongoing support. The €1.6 billion capacity comprises up to €1.3 billion in senior notes from the enlarged bank group and up to €300 million in junior notes from AUTO1 Group itself, representing a 45% increase in financing capacity. Credit Agricole CIB acted as lead arranger for the main inventory-backed facility, while BNP Paribas led the Italian facility, with legal advice provided by Freshfields Bruckhaus Deringer for AUTO1 Group and Hogan Lovells for the lenders.
Founded in 2012, AUTO1 Group operates Europe's largest wholesale trading platform for car dealers through AUTO1.com while also serving consumers directly through wirkaufendeinauto.de and Autohero. The company operates in over 30 countries, employed 6,300 people at the end of 2024, generated €6.3 billion in revenue, and sold 690,000 cars in 2024. As a publicly traded company on the Frankfurt Stock Exchange since February 2021 and part of the MDAX index, this financing expansion signals strong institutional confidence in AUTO1 Group's business model and growth trajectory. For more information, visit www.auto1-group.com or view the original release on www.newmediawire.com.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, AUTO1 Group Secures €1.6B Financing to Power European Used Car Expansion
