Online used car retailer Cazoo is reviewing its fledgling mainland European businesses and could pull out of some markets as it struggles to control its spending in a poor investor environment.
The British company’s push into Europe was a big part of its aggressive plan to dominate the digital side of used car sales, and it was still announcing new market entires as late as this June.
However, its need to preserve cash to avoid seeking new investment has forced a U-turn.
