Cazoo shares have fallen 93% over the past year, with the firm posting a £243 million loss in the first half of 2022
Cazoo, the beleaguered online used car dealer, said its founder Alex Chesterman will step down as chief executive after a 97pc collapse in share price.
LONDON & NEW YORK, January 18, 2023--Cazoo Group Ltd (NYSE: CZOO) ("Cazoo" or the "Company"), the UK’s leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, has announced its preliminary financial results for the three months ended December 31, 2022.