Flexicar
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Native name | Grupo Flexicar |
|---|---|
| Privately held company | |
| ISIN | 🆔 |
| Industry | Used vehicle retail; vehicle leasing; mobility services |
| Founded 📆 | 2012 in Alcobendas, Community of Madrid, Spain |
| Founder 👔 | Oliver Cornago |
| Headquarters 🏙️ | San Sebastián de los Reyes, Community of Madrid, Spain |
Number of locations | More than 180 dealerships (2025) |
Area served 🗺️ | Spain and Portugal |
Key people | Antonio García Olmos (CEO) |
| Products 📟 | Used and nearly new vehicles |
| Brands | Flexicar, Flexibike, Flexicar Green, Flexicar Renting |
| Services | Vehicle buying and selling; vehicle leasing |
| Revenue🤑 | More than €1.1 billion (2025) |
| Members | |
Number of employees | Around 2,000 (2025) |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Flexicar, also known as Grupo Flexicar, is a Spanish privately held automotive retail group that buys and sells used and nearly new vehicles, with additional activities in vehicle leasing, motorcycles, low-emission vehicles and recreational vehicles.[1] The Flexicar brand originated in 2012 with the opening of a dealership in Alcobendas, in the Community of Madrid.[2] The group is headquartered in San Sebastián de los Reyes.[3]
The company operates in Spain and Portugal.[4] In 2025, it posted revenue of more than €1.1 billion, sold more than 60,000 vehicles and completed a total of more than 128,000 purchase-and-sale operations.[5] In late 2025, the group had more than 180 dealerships and around 2,000 employees.[1]
History
Flexicar was founded in 2012 with the opening of its first dealership in Alcobendas, north of Madrid.[2] Its early activity was focused on used-car retail in the Madrid metropolitan area. In subsequent years, the company expanded its dealership network within the Community of Madrid.[6]
From 2019, Flexicar began opening locations in other Spanish regions, including Catalonia, Andalusia, Castile and León, Aragon and the Valencian Community. The Basque Country was added to the network in 2020.[6] The network expansion ran in parallel with the development of digital sales channels and additional vehicle-related services.[2]
In 2023, the group began its international expansion with the opening of a dealership in Porto, Portugal. The project involved an initial investment of more than €5 million.[4] The Portuguese network later expanded to other cities, while the Spanish network continued to operate across most provinces.[1]
Also in 2023, Flexicar extended its activities beyond passenger cars. It entered the motorcycle segment through Flexibike and began offering renting services for private and business customers.[7][8] In March 2024, the group opened Flexicar Green in Madrid, a division dedicated to used and nearly new vehicles with DGT ECO and CERO environmental labels.[9]
Since 2024, the company has also been a sponsor of the Fuenlabrada basketball team, which competed under the name Flexicar Fuenlabrada.[10]
In January 2025, Flexicar reorganised several group companies under Flexicar Internacional SL, which absorbed entities including Flexicar Ibérica SL, Flexicar Capital SL, Finanflex 2019 and Financar Automoción SL.[11] In February of that year, the company announced a corporate rebranding and named two-time Formula One World Champion Fernando Alonso as brand ambassador.[12]
In April 2025, Flexicar acquired a 25% stake in Grupo Autocaravanas Norte, a Spanish dealer of motorhomes, camper vans and caravans. The agreement enabled the caravaning company to distribute vehicles through part of Flexicar's dealership network.[13] In November 2025, Antonio García Olmos, previously an executive at BBVA, was appointed chief executive officer. Oliver Cornago, founder and former CEO, continued in a group-level role linked to the holding company.[1]
In 2025, Flexicar Internacional SL also created Fundación Flexicar. The foundation was constituted in January 2025 and registered in Spain's national foundations registry. Its stated purpose is to improve the welfare or health of children with serious illnesses.[14]
Market context
The Spanish used-vehicle market includes dealership chains, digital marketplaces, remarketing operators and brand-backed platforms. Market research firm Mordor Intelligence lists Flexicar among companies active in the Spanish used-car sector, alongside firms such as Clicars Spain, OcasionPlus, BCA Group, AutoScout24, Coches.net, Wallapop Motors and others.[15]
See also
- Used car
- Vehicle leasing
- Car dealership
References
- ↑ 1.0 1.1 1.2 1.3 "Flexicar 'ficha' en BBVA a su nuevo CEO, Antonio García Olmos" (in español). Europa Press. 13 November 2025. Retrieved 12 June 2026.
- ↑ 2.0 2.1 2.2 "Entrevista a Oliver Cornago, Director Ejecutivo en Flexicar". El Observatorio Cetelem (in español). Retrieved 12 June 2026.
- ↑ "Flexicar Internacional SL". Cinco Días Directorio de Empresas (in español). Iberinform. Retrieved 12 June 2026.
- ↑ 4.0 4.1 "Flexicar arranca la expansión internacional con su primer concesionario en Portugal". La Razón (in español). 16 May 2023. Retrieved 12 June 2026.
- ↑ "Flexicar supera los 1.100 millones de facturación en 2025 tras elevar un 20% sus ventas de vehículos". Fleet People (in español). 21 April 2026. Retrieved 12 June 2026.
- ↑ 6.0 6.1 "Qué es el Grupo Flexicar". El Confidencial Digital (in español). 18 June 2024. Retrieved 12 June 2026.
- ↑ "Hablamos con Alberto Rodríguez Oviedo, responsable de Flexibike". EnMoto (in español). Retrieved 12 June 2026.
- ↑ "El dueño de Flexicar inyecta 7,6 millones para irrumpir en el 'renting' de coches a empresas". El Confidencial (in español). 30 November 2023. Retrieved 12 June 2026.
- ↑ "Abre en Madrid el primer concesionario de coches de ocasión 100% eco del país". EFE Comunica (in español). 12 March 2024. Retrieved 12 June 2026.
- ↑ "Flexicar, nuevo patrocinador del Baloncesto Fuenlabrada". Marca (in español). 13 September 2024. Retrieved 12 June 2026.
- ↑ "Flexicar fusiona sus firmas bajo el paraguas internacional al batir los 1.000 M en facturación". El Confidencial (in español). 17 January 2025. Retrieved 12 June 2026.
- ↑ "Flexicar se convierte en el nuevo 'equipo' de Fernando Alonso". El Motor (in español). El País. 25 February 2025. Retrieved 12 June 2026.
- ↑ "El Grupo Autocaravanas Norte anuncia un acuerdo con Flexicar para reforzar su presencia nacional" (in español). Europa Press. 10 April 2025. Retrieved 12 June 2026.
- ↑ "Resolución de 17 de noviembre de 2025, de la Dirección General de Seguridad Jurídica y Fe Pública, por la que se inscribe en el Registro de Fundaciones la Fundación Flexicar". Boletín Oficial del Estado (in español). 10 December 2025. Retrieved 12 June 2026.
- ↑ "Top Spain Used Car Companies, Leaders & Major Players". Mordor Intelligence. Retrieved 12 June 2026.
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