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Cinch (company)

From EverybodyWiki Bios & Wiki

Cinch (often stylised as 'cinch') is a used car marketplace based in London, UK.[1] cinch is a subsidiary of the Constellation Automotive Group, which also owns British Car Auctions, Marshall Motor Group, Elmo and We Buy Any Car.[2]

History[edit]

cinch was founded in 2019 by British Car Auctions. In July 2019, it launched its consumer-facing online classified car sales site, working in partnership with dealers, car supermarkets and OEMs.[3]

In October 2020, cinch’s parent company changed the platform to a business-to-consumer marketplace model.[4]

Locations[edit]

In June 2021, cinch announced it would create a permanent headquarters in London’s King’s Cross.[1] The company also has offices in Hook and in Manchester.[5]

References[edit]

  1. 1.0 1.1 Hodgson, Joanna (2021-06-21). "Cinch to open a London HQ for the online car firm in King's Cross". Evening Standard. Retrieved 2023-08-14.
  2. "Analysis: Is Cinch-owner Constellation grabbing building blocks of a car dealer supergroup?". Car Dealer Magazine. 2023-02-09. Retrieved 2023-08-14.
  3. "BCA launches cinch consumer-facing used car marketing website". www.am-online.com. Retrieved 2023-08-14.
  4. "cinch transforms the way consumers buy used cars in the UK". Bloomberg.com. 2020-10-18. Retrieved 2023-08-14.
  5. Houghton, Tom (2021-04-15). "Online car marketplace creates 100 Manchester tech jobs as sales accelerate". Business Live. Retrieved 2023-08-14.

External links[edit]


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