Auto Trader completed the acquisition of Autorama UK.

Auto Trader, an automotive marketplace, completed the acquisition of Autorama UK, a marketplace for leasing new vehicles. Financial terms were not disclosed. "We are pleased to have completed the acquisition of Autorama, which will transform our leasing proposition and help us meet growing consumer demand to lease, rather than own, new cars. The combination of Auto Trader's large consumer audience with Autorama's digital platform and operational capability complements our strategy to bring more of the car buying journey online," Nathan Coe, Auto Trader CEO.