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DGAP-News: AUTO1 Group SE / Key word(s): Strategic Company Decision
AUTO1 Group SE: Autohero opens first in-house Production Center in Germany
- In-house production process in response to a rapidly increasing demand
- Production capacity of approx. 16,000 vehicles per year at full capacity
- Up to 150 new specialist jobs at AUTO1 Group
The 35,000 square meter site enables a production capacity of approximately 16,000 vehicles per year at full capacity. The site is already fully operational with qualified personnel, infrastructure and work stations. In response to a rapidly increasing demand, approx. 150 new jobs will be created at the Production Center in Hemau for specialists in the areas of inventory analysis, repair work, quality management, logistics, and photo & video.
Christian Bertermann, CEO and Co-Founder of AUTO1 Group: "We want to focus on the enormous Autohero growth opportunity and are therefore investing heavily in expanding the brand. With the start of the in-house Production Center in Hemau, we have reached a first important milestone for our strategic goal: We want to recondition as many Autohero vehicles as possible in-house. We will gradually increase capacity utilization at the Production Center this year and next. At the same time, we are planning further insourcing activities at other sites in Europe, some of which will also become concrete in the near future. With all the planned activities, we expect a total capacity of up to 200,000 cars next year."
For more information please visit www.auto1-group.com
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AUTO1 Group SE | Bergmannstrasse 72 | 10961 Berlin | Germany
This publication contains forward-looking statements based on current views and assumptions of AUTO1 Group's management and made to the best of such management's knowledge. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause AUTO1 Group's revenues, profitability or the degree to which it performs or achieves its targets to materially deviate from what is explicitly or implicitly stated or described in this publication. Therefore, persons who obtain possession of this publication should not rely on such forward-looking statements. AUTO1 Group accepts no guarantee or responsibility regarding forward-looking statements and will not adjust them to future results or developments.
10.09.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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