Cazoo Bids Adios to Spain      

After pulling out of Italy, Cazoo has now sold its Spanish subscription business Swipcar in a move that strengthens rumours that the market disruptor is looking to re-focus on its UK market having suffered serious losses across the board.

It’s only a year since Cazoo stumped up €30m for the Spanish concern – we don’t know how much it sold Swipcar for.

Rumours are spreading that Cazoo will also be leaving the French and German markets soon-ish too.