In January 2023, the online used car platform Heycar, part of the Volkswagen Group, underwent a restructuring, resulting in the layoff of 73 employees. The company, which operates in the competitive digital automotive marketplace, cited the cumulative impact of various crises over the preceding two years as the primary reason for these personnel cuts. New CEO Andreas Gruber confirmed the difficult decision, emphasizing the company's commitment to supporting affected staff while positioning Heycar for sustainable future growth. Founded in 2017, Heycar is a significant player in the European used car platform sector, with operations in Germany, the UK, Spain, and France, connecting thousands of dealer locations.
