CarNext acquires AutoManager.

CarNext.com, a pan-European digital marketplace for high-quality used cars, acquires AutoManager, a technology company that has developed a propriety digital vehicle management platform, enabling seamless online vehicle remarketing. Financial terms were not disclosed. The platform also provides CarNext.com with instant insight into all the vehicles in its marketplace, including their unique specifications. This further enables CarNext.com to offer its customers not just vehicles from their local market, but from all of the 23 European countries CarNext.com operates in. In addition, the technology will enable CarNext.com to further enhance the services it offers to its growing network of third-party suppliers, providing them with full transparency on vehicle pricing, channel selection and stock management. “Becoming part of CarNext.com will enable us to continue to develop our technology platform and improve the experience for everyone in the used car value chain – whether that’s customers, suppliers or retailers.” Maarten Bekkers, AutoManager General Manager.