Latest Carwow News & Updates

See the latest news and media coverage for Carwow. We track all announcements, press releases, and industry mentions in real time, all in one place.

Carwow

Online car buying, selling, leasing, and automotive information platform

carwow.co.uk

Headquarters: London, United Kingdom
Founded year: 2013
Company type: Private company
Number of employees: 200–700
Industry: Auto Vehicles, Parts & Service Retailers

Last updated October 8

Latest news about Carwow

In short: Carwow posted near-£24m losses as revenue passed £100m, sold its German business to mobile.de, and expanded via Autovia and GRIDSERVE deals.

Company announcements

August 25 Carwow

Carwow Group announces agreement for mobile.de to acquire Carwow Germany

The acquisition is subject to regulatory approvals and combines market resources while retaining the German brand's distinct business model.

September 29, 2025 Carwow

Carwow reports 55% revenue growth to £85.1m for fiscal year 2024

The company achieved record profitability metrics and secured $52m in new equity funding while expanding its European market presence significantly.

October 8, 2024 Carwow

Carwow acquires GRIDSERVE Leasing to expand EV offerings

The acquisition follows Carwow's $52m funding round and previous purchase of Autovia. The unit will initially focus on EVs before expanding.

September 30, 2024 Carwow

Carwow reports strong revenue growth and reduced losses in 2023

Revenue reached £54.8 million with significant EBITDA loss reduction following the Autovia acquisition and new funding.

Media coverage

October 8 Handelsblatt

Online car trading: mobile.de allowed to acquire Carwow

The parent company of the vehicle marketplace mobile.de wants to buy Carwow's business operations in Germany. The Federal Cartel Office has now given its approval.

September 30 Car Dealer Magazine

Carwow losses increase to nearly £24m as revenues surge past £100m for the first time

Carwow losses increased to nearly £24m in 2025 – up from £19.7m the year before – after a year of 'investment in technology and product...

October 9, 2024 Yahoo Finance

Carwow acquires Gridserve Leasing to enhance car leasing comparison engine

Carwow Group has acquired Gridserve Car Leasing from Gridserve, a British on-the-go electric vehicle (EV) charging company, for an undisclosed sum. This move is part...

July 14, 2024 City AM

Carwow valued at £250m as it taps US investor in funding round

The used EV boom comes as electric vehicles become increasingly mainstream Carwow has secured backing from one of the world's largest venture capital firms in...

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