Dennis is on Track to Make $83 Million from Selling Cars Online this Year
The publisher generated $43 million (£31 million) in 2017 from selling used and new cars via its site Buyacar.co.uk, double from the previous year. By the end of 2018, its car commerce business is forecast to hit $83 million (£60 million), roughly 45 percent of its entire revenue, according to the publisher.
But Dennis hasn’t even scratched the surface of car commerce. Just over 8 million used cars are sold in the U.K. each year, according to the Society of Motor Manufacturers and Traders, around 7,000 of which are sold by Dennis directly from its site Buyacar.co.uk.