Auto Trader Group PLC (OTCPK:ATDRY)
$ 2.7805 0.0305 (1.11%) Market Cap: 9.94 Bil Enterprise Value: 9.96 Bil PE Ratio: 30.04 PB Ratio: 13.79 GF Score: 99/100
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Auto Trader Group PLC to Acquire Autorama (UK) Limited Call Transcript

Mar 22, 2022 / 09:30AM GMT
Release Date Price: $2.12 (-2.31%)
Nathan Coe
Auto Trader Group plc - CEO & Executive Director

Good morning, everyone, and welcome to a short presentation to announce our acquisition of Autorama (UK) Limited, which operates under the brand Vanarama. I'm joined on the call today by Jamie and Catherine, who'll participate in the Q&A. This presentation has been arranged at short notice, so we do thank you for making the time to join us.

As you all know, Auto Trader's strategy is to bring more of the car buying journey online. To date, our focus has been on our used car marketplace where we have launched Guaranteed Part-Exchange, a trial of reservations and have just commenced a trial with a handful of customers where a buyer can apply for finance on Auto Trader, which we said would be live before the end of this financial year. We're now working hard to bring these 3 products and experiences together in an integrated end-to-end buying journey for both car buyers and retailers on Auto Trader. While this is not the shortest route to enabling a transaction online, we believe it leverages our competitive strengths and

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