2021
Motorway – Motor Trader Awards: Online Used Car Trading Platform Award 2021
- Leo Cerda
- 1st December 2021
We are extremely honoured to win the Online Used Car Trading Platform Award at the Motor Trader Industry Awards 2021. This year’s awards ceremony took place on Tuesday 30th November at London’s iconic Grosvenor House Hotel on Park Lane. A huge thank you to our fantastic team for all your hard work throughout another challenging …
Motorway raises $190m Series C funding round from Index Ventures and ICONIQ Growth
- Tom Leathes
- 29th November 2021
Motorway is valued at over $1bn in a new funding round of $190m, co-led by Index Ventures and ICONIQ Growth, with existing investors Latitude, Unbound and BMW i Ventures also participating Motorway has seen 300% YOY growth and is on a run-rate to deliver more than $2bn in sales over the next 12 months Company …
Over half of London motorists don’t know the ULEZ is expanding on 25th October
- Alex Buttle
- 22nd October 2021
London’s Ultra Low Emission Zone (ULEZ) is set to expand on Monday, yet only 43% of motorists in and around the city are aware, according to new research from used car marketplace, Motorway. Cars, motorcycles, specialist vehicles, and minibuses will either need to meet the ULEZ emission standards or pay a £12.50 daily charge when …
Motorway’s bumper growth fuelled further by appreciation of used cars
- Alex Buttle
- 14th October 2021
Massive change is underway in the global used car industry. New car sales are at an all-time low, while used car demand is at an all-time peak Used cars appreciated by 30% in September 2021 vs. September 2020 Values have been steadily increasing month-on-month, with the biggest jump in June (+16%) Motorway is a marketplace …
Motorway launches major marketing campaign, with new TV ad where dealers take centre stage
- Lucy Talbot
- 23rd August 2021
Motorway, the UK’s fastest-growing way to sell your car, has launched a major new campaign spanning TV, OOH, radio and digital. The campaign is the first piece of work from the brand’s new agency line up of Wonderhood Studios and MG OMD, highlighting the range of benefits consumers can get by selling their car the …
Motorway raises £48m as sales triple, reinventing how consumers sell used cars
- Tom Leathes
- 14th June 2021
Motorway’s four-year old online marketplace connects consumers selling their car with professional car dealers acquiring stock 65,000 used cars have been sold on Motorway, with currently a new sale agreed every 10 minutes More than 5,000 dealers across the UK compete to offer the best price, and the car is collected in as little as …
CAZ update – one in five UK motorists does not know what a clean air zone is
- Alex Buttle
- 28th May 2021
Motorway reveals a lack of awareness ahead of new measures coming into force in Birmingham on 1st June 21% of UK motorists do not know what a Clean Air Zone (CAZ) is, while a further 21% are unsure Despite many new ones coming into force, only 16% know how to check if they will be …
Motorway generates over £2m a day in used car sales as auto trade moves online
- Tom Leathes
- 23rd April 2021
Rapid growth leads to referral partnership with MoneySuperMarket 4x YoY sales growth: Mar 20 – Mar 21 Over £500m in sales transactions in the last year – £2.5m in car sales a day Upwards of 4,000 car sales a month Record of £10m in weekly sales in Mar 21 2.5m consumers registered on the platform …
VW Golf revealed as the most popular car to sell on Motorway’s used car platform during pandemic
- Alex Buttle
- 18th March 2021
Motorway Used Carometer reveals the top 20 most sold and most expensive cars sold across UK in the last year The top selling used electric car was the Nissan Leaf A Lamborghini Huracan from Surrey was the most expensive used car sold during pandemic, for £172,250 The Volkswagen Golf came out as the most popular …
Motorway hires MoneySuperMarket marketing chief as CMO
- Tom Leathes
- 22nd February 2021
Motorway, the UK’s fastest-growing online marketplace for used cars has appointed Lloyd Page as its first CMO. For the last two years, Page has been Marketing Director at MoneySuperMarket where he played an integral role in the brand relaunch and Get Money Calm brand positioning, including the introduction of the Money Calm Bull creative platform. …