Flexicar, also known as Grupo Flexicar, is a Spanish privately held automotive retail group that buys and sells used and nearly new vehicles. The group also operates in vehicle leasing, motorcycles, low-emission vehicles and recreational vehicles.[1] The brand dates to 2012, when its first dealership opened in Alcobendas, in the Community of Madrid.[2] The group is headquartered in San Sebastián de los Reyes.[3]
| Flexicar | |
Native name | Grupo Flexicar |
| Type | Privately held company |
| Industry | Used vehicle retail; vehicle leasing; mobility services |
| Founded | 2012 in Alcobendas, Community of Madrid, Spain |
| Founder | Oliver Cornago |
| Headquarters | San Sebastián de los Reyes, Community of Madrid, Spain, |
Number of locations | More than 180 dealerships (2025) |
Area served | Spain and Portugal |
Key people | Antonio García Olmos (CEO) |
| Products | Used and nearly new vehicles |
| Brands | Flexicar, Flexibike, Flexicar Green, Flexicar Renting |
| Services | Vehicle buying and selling; vehicle leasing |
| Revenue | More than €1.1 billion (2025) |
Number of employees | Around 2,000 (2025) |
| Website | www |
The company operates in Spain and Portugal.[4] In 2025, it posted revenue of more than €1.1 billion, sold more than 60,000 vehicles and completed more than 128,000 purchase-and-sale operations.[5] By late 2025, the group had more than 180 dealerships and around 2,000 employees.[1]
History
editOrigins and early growth
editFlexicar opened its first dealership in Alcobendas, north of Madrid, in 2012.[2][6] The company's first years concentrated on used-car retail across the Madrid metropolitan area before its dealership network extended through the region.[7]
From 2019, Flexicar began opening locations in other Spanish regions, including Catalonia, Andalusia, Castile and León, Aragon and the Valencian Community, with the Basque Country joining the network in 2020.[7] As the number of dealerships grew, the company developed digital sales channels and broadened its range of vehicle services.[2]
Diversification and international expansion
editIn 2023, Flexicar opened its first location outside Spain: a dealership in Porto, Portugal, with an initial investment of more than €5 million.[4] The Portuguese network later spread to other cities.[1]
That same year, the company entered the motorcycle market through a new brand, Flexibike, and began offering vehicle renting to private and business customers.[8][9] In March 2024, the group launched Flexicar Green in Madrid, a division selling used and nearly new vehicles under Spain's low-emission labelling system — specifically the "ECO" category (vehicles with combined combustion and electric propulsion) and the "CERO" category (zero-emission vehicles).[10]
From the 2024–25 season, Flexicar sponsored the Fuenlabrada basketball team, which competed under the name Flexicar Fuenlabrada.[11]
Corporate restructuring and rebrand
editIn January 2025, Flexicar merged several subsidiaries into Flexicar Internacional SL, absorbing Flexicar Ibérica SL, Flexicar Capital SL, Finanflex 2019 and Financar Automoción SL.[12] The following month, the company announced a rebrand and named two-time Formula One World Champion Fernando Alonso as brand ambassador.[13]
In April 2025, Flexicar acquired a 25% stake in Grupo Autocaravanas Norte, a Spanish dealer of motorhomes, camper vans and caravans, gaining access to part of its distribution network.[14] In November 2025, Antonio García Olmos — previously an executive at BBVA — was named chief executive officer, while founder Oliver Cornago moved to a group-level role at the holding company.[1]
Also in 2025, Flexicar Internacional SL established Fundación Flexicar, a foundation focused on the welfare and health of children with serious illnesses.[15]
Market context
editThe Spanish used-vehicle market includes dealership chains, digital marketplaces, remarketing operators and brand-backed platforms. Mordor Intelligence lists Flexicar among companies active in the Spanish used-car sector, alongside Clicars Spain, OcasionPlus, BCA Group, AutoScout24, Coches.net and Wallapop Motors, among others.[16]
See also
editReferences
edit- 1 2 3 4 "Flexicar 'ficha' en BBVA a su nuevo CEO, Antonio García Olmos" (in Spanish). Europa Press. 13 November 2025. Retrieved 12 June 2026.
- 1 2 3 "Entrevista a Oliver Cornago, Director Ejecutivo en Flexicar". El Observatorio Cetelem (in Spanish). Retrieved 12 June 2026.
- ↑ "Flexicar Internacional SL". Cinco Días Directorio de Empresas (in Spanish). Iberinform. Retrieved 12 June 2026.
- 1 2 "Flexicar arranca la expansión internacional con su primer concesionario en Portugal". La Razón (in Spanish). 16 May 2023. Retrieved 12 June 2026.
- ↑ "Flexicar supera los 1.100 millones de facturación en 2025 tras elevar un 20% sus ventas de vehículos". Fleet People (in Spanish). 21 April 2026. Retrieved 12 June 2026.
- ↑ "Flexicar: historia y expansión". Infoargentum (in Spanish). Retrieved 12 June 2026.
- 1 2 "Qué es el Grupo Flexicar". El Confidencial Digital (in Spanish). 18 June 2024. Retrieved 12 June 2026.
- ↑ "Hablamos con Alberto Rodríguez Oviedo, responsable de Flexibike". EnMoto (in Spanish). Retrieved 12 June 2026.
- ↑ "El dueño de Flexicar inyecta 7,6 millones para irrumpir en el 'renting' de coches a empresas". El Confidencial (in Spanish). 30 November 2023. Retrieved 12 June 2026.
- ↑ "Abre en Madrid el primer concesionario de coches de ocasión 100% eco del país". EFE Comunica (in Spanish). 12 March 2024. Retrieved 12 June 2026.
- ↑ "Flexicar, nuevo patrocinador del Baloncesto Fuenlabrada". Marca (in Spanish). 13 September 2024. Retrieved 12 June 2026.
- ↑ "Flexicar fusiona sus firmas bajo el paraguas internacional al batir los 1.000 M en facturación". El Confidencial (in Spanish). 17 January 2025. Retrieved 12 June 2026.
- ↑ "Flexicar se convierte en el nuevo 'equipo' de Fernando Alonso". El Motor (in Spanish). El País. 25 February 2025. Retrieved 12 June 2026.
- ↑ "El Grupo Autocaravanas Norte anuncia un acuerdo con Flexicar para reforzar su presencia nacional" (in Spanish). Europa Press. 10 April 2025. Retrieved 12 June 2026.
- ↑ "Resolución de 17 de noviembre de 2025, de la Dirección General de Seguridad Jurídica y Fe Pública, por la que se inscribe en el Registro de Fundaciones la Fundación Flexicar". Boletín Oficial del Estado (in Spanish). 10 December 2025. Retrieved 12 June 2026.
- ↑ "Top Spain Used Car Companies, Leaders & Major Players". Mordor Intelligence. Retrieved 12 June 2026.