![]() | |
Company type | Limited |
---|---|
Industry | Automotive industry |
Founded | May 2000 United Kingdom |
Founder |
Richard Branson Ian Lancaster |
Defunct | December 22, 2005 |
Headquarters | 120 Campden Hill Road, , |
Number of locations |
Salford Quays,
City of Salford (Showroom) |
Area served | United Kingdom |
Parent | Virgin Group |
Website |
www.virgincars.com (via archive.org) |
Virgin Cars Ltd was an internet automobile retailer, established by British entrepreneur Sir Richard Branson and co-founded by Ian Lancaster in 2000 as part of the Virgin brand of companies.
Branson predicted the company would sell 24,000 cars in its first year, with a £300m turnover. [1] By October 2000, the company had sold more than 2,000 cars, generating £30 million. [2] In 2001, the company launched a subsidiary, Virgin Bikes. [3] By 2003, the company had still sold only 12,000 cars. [4] In May of that year, Branson opened Virgin Cars' first showroom in Salford, Greater Manchester.
In 2005, the company stopped all operations and ceased trading. [5]
{{
cite web}}
: CS1 maint: bot: original URL status unknown (
link)
![]() | |
Company type | Limited |
---|---|
Industry | Automotive industry |
Founded | May 2000 United Kingdom |
Founder |
Richard Branson Ian Lancaster |
Defunct | December 22, 2005 |
Headquarters | 120 Campden Hill Road, , |
Number of locations |
Salford Quays,
City of Salford (Showroom) |
Area served | United Kingdom |
Parent | Virgin Group |
Website |
www.virgincars.com (via archive.org) |
Virgin Cars Ltd was an internet automobile retailer, established by British entrepreneur Sir Richard Branson and co-founded by Ian Lancaster in 2000 as part of the Virgin brand of companies.
Branson predicted the company would sell 24,000 cars in its first year, with a £300m turnover. [1] By October 2000, the company had sold more than 2,000 cars, generating £30 million. [2] In 2001, the company launched a subsidiary, Virgin Bikes. [3] By 2003, the company had still sold only 12,000 cars. [4] In May of that year, Branson opened Virgin Cars' first showroom in Salford, Greater Manchester.
In 2005, the company stopped all operations and ceased trading. [5]
{{
cite web}}
: CS1 maint: bot: original URL status unknown (
link)