Online Auto Sales are Booming

Cars

A new study, just released in the UK, suggests that as many as 20% of automobiles may be bought online within the next 10 years.  It goes on to say that Internet car sales could cost UK dealers as much as £41bn ($53bn) in revenue if this takes place. This tracks with the revolution in the US led by Carvana, the self-described “Amazon of Cars” that recently filed for an IPO. Find out more…

About David Brown

David Brown is a serial entrepreneur, having started and operated several companies, both US-based and in the international market.He enjoys technology, travel, culture and of course, business. He in particular enjoys mentoring startup and early stage companies to help them grow and succeed. David continues to travel regularly to the UK and Europe but spends most of his time working with and managing a portfolio of websites owned by Jasmine Partners and by he and his wife, Arlene, personally. He is a Director of the Foynes Flying Boat and Maritime Museum in Foynes, Co Limerick, Ireland.