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iVendi helped car retailers to a record £1.3bn in sales during pandemic


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Automotive ecommerce specialist iVendi has helped UK car retailers to facilitate £1.3 billion in vehicle sales in the past 12 months – up £200m despite the impact of COVID-19.
A record number of used vehicle sales have passed through iVendi’s online platform in the pandemic year, representing actual sales of more than 120,000 cars, vans and motorcycles, the business said.
Chief executive, James Tew, said that the result showed the extent to which technology has sustained dealers through the crisis.
“Car retailers have spent more than half of the last year being able to only sell online and there is widespread recognition that the market has markedly fallen but dealers using our technology have been able to buck that trend,” said Tew. ....

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