Cazoo axes jobs and slashes sales targets as founder Alex Chesterman quits as CEO
In recent months Cazoo has been heavily spending on advertising. Most of Cazoo’s stock is, unsurprisingly, ICE rather than EV (and EV sales have been rising, at least in affluent areas where at-home charging is not an issue). There are a couple of less well known competitors, and UK doesn’t have the same kind of dealer sales restrictions for new cars that the US does.