Automotive manufacturer Stellantis has bought a stake in online automotive marketplace Africar Group, subsequently launching a direct-to-consumer used car company Auto24 in Abidjan, Côte d’Ivoire, in an effort to bring new and innovative solutions to enable transparent and secure transactions.
With the African population set to reach 1.7-billion people by 2030, and a car-park already at 50-million units, Stellantis has taken a stake in Africar Group to create Auto24 and take advantage of this market potential.