Online Car Buying Market is Poised to Accelerate at CAGR of 12.58% to Reach USD 885.1 Billion By 2032: Astute Analytica [Yahoo! Finance]
Cazoo Group Ltd Class A Ordinary Shares (CZOO)
Company Research
Source: Yahoo! Finance
Online sales are increasing for both new and used vehicles, particularly EVs. While dealerships remain relevant, buyers demand a streamlined, transparent experience with greater online integration for research, financing, and even purchase completion. New Delhi, April 08, 2024 (GLOBE NEWSWIRE) -- According to Astute Analytica, the global online car buying market is projected to reach US$ 885.1 billion by 2032 from US$ 304.7 billion in 2023 at a CAGR of 12.58% during the forecast period 2024–2032. The online car sales industry is booming, transforming the automotive shopping journey. By 2025, online transactions are predicted to claim 30% of global vehicle sales, marking a significant surge from just 5% in 2022. This showcase that consumer attitudes are shifting rapidly. A 2023 survey, for instance, found that 80% of car buyers are open to the idea of purchasing online. Another study reveals that online options could even accelerate decisions, with 25% of buyers indicating they'd p
Show less
Read more
Impact Snapshot
Event Time:
CZOO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CZOO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CZOO alerts
High impacting Cazoo Group Ltd Class A Ordinary Shares news events
Weekly update
A roundup of the hottest topics
CZOO
News
- GOEV and RENT among Consumer Discretionary movers [Seeking Alpha]Seeking Alpha
- Cazoo announces transition to pure-play automotive marketplace business model [Seeking Alpha]Seeking Alpha
- Cazoo Announces Transition to Pure-Play Automotive Marketplace Business Model [Yahoo! Finance]Yahoo! Finance
- Cazoo Announces Transition to Pure-Play Automotive Marketplace Business ModelBusiness Wire
- 'We definitely are eyeing the public markets': eToro CEO considers IPO after scrapped SPAC deal [MSNBC.com]MSNBC.com
CZOO
Sec Filings
- 3/6/24 - Form 424B3
- 3/6/24 - Form 6-K
- 3/1/24 - Form 424B3
- CZOO's page on the SEC website