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Motorway, the UK used automotive market, has acquired automobile provenance verify supplier Complete Automobile Examine for an undisclosed sum.
The enterprise stated Complete Automobile Examine will strengthen its deal with automobile knowledge accuracy and transparency for its shopper and automotive seller prospects.
Complete Automobile Examine was based by David James in 2009, in response to a member of the family having bought a stolen automobile.
This expertise led James to create an internet platform to immediately discover out details about any used automotive.
Complete Automobile Examine’s product now presents automobile background checks, with knowledge factors together with the automotive’s earlier homeowners, any accidents or injury it has sustained, MOT and plate change historical past and extra.
Complete Automobile Examine has skilled speedy progress, producing over 42 million UK automobile checks in 2022 alone and rising income by 30% yr on yr.
As a part of the deal, James will be a part of Motorway as director of car knowledge, and Complete Automobile Examine’s staff will all be a part of Motorway’s rising group of over individuals throughout their London and Brighton workplaces.
Motorway had a file yr in 2022 with gross sales greater than doubling to a price of £1.7 billion. It stated the amount of vehicles in its each day on-line gross sales has grown by 100% year-on-year and the platform lists over 1,000 vehicles a day.
Tom Leathes, co-founder and chief govt of Motorway, stated: “We need to proceed pushing ahead on what’s doable with automobile knowledge accuracy and transparency on-line, and to try to please our prospects at each step in our product expertise.
“The Complete Automobile Examine know-how and knowledge platform is extremely highly effective, and it’ll assist energy some wonderful new options to the Motorway expertise.”
Leathes described James as a “world class automobile knowledge professional and a really inspiring entrepreneur”.
He added: “From working collectively over the previous few months, it’s clear his expertise constructing Complete Automobile Examine, his deep subject material information, and his sturdy values can be an enormous asset to Motorway and our prospects.
“Working with David and his group, we’ll now be capable to supply a good larger buyer expertise, backed by market main automobile knowledge.”
David James, managing director of Complete Automobile Examine, stated it was clear that Motorway and Complete Automobile Examine will create “a robust driving power out there”.
James stated: “Tom, Harry and Alex have a transparent imaginative and prescient for the way forward for Motorway and have made unbelievable strides in such a brief interval.
“I’d wish to thank the Complete Automobile Examine group and my household for supporting me all through the years of constructing Complete Automobile Examine. We can’t wait to get began.”
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