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Flexicar (Spain)

From Wikipedia, the free encyclopedia
Flexicar
Flexicar
Native name
Grupo Flexicar
TypePrivately held company
IndustryUsed vehicle retail; vehicle leasing; mobility services
Founded2012 in Alcobendas, Community of Madrid, Spain
FounderOliver Cornago
HeadquartersSan 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)
ProductsUsed and nearly new vehicles
BrandsFlexicar, Flexibike, Flexicar Green, Flexicar Renting
ServicesVehicle buying and selling; vehicle leasing
RevenueMore than €1.1 billion (2025)
Number of employees
Around 2,000 (2025)
Websitewww.flexicar.es

Flexicar, also known simply as Grupo Flexicar, is a Spanish privately held automotive retail group based in San Sebastián de los Reyes that buys and sells used and nearly new vehicles too.[1] The group open their doors in 2012, when its first dealership started in Alcobendas, in the Community of Madrid, and later expanded its activity to vehicle leasing, motorcycles, low-emission vehicles and recreational vehicles, among others..[2][3][4] It operates in Spain and Portugal, after beginning its international expansion with a dealership in Porto in the year 2023.[5] By the other hand, in the year 2025, Flexicar posted revenue of more than €1.1 billion, sold more than 60,000 vehicles and completed more than 128,000 purchase-and-sale operations.[6][3][4]

History

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Origins and early growth

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Flexicar began operating in the year 2012 with the opening of its first dealership in Alcobendas, north of Madrid.[2][7] During its very initial stage, the car company focused on the sale of used vehicles in the Madrid metropolitan area and step by step, expanded its dealership network within the region.[8] From the year 2019 onward, it extended its presence to other Spanish regions, including Catalonia, Andalusia, Castile and León, Aragon and the Valencian Community, while the Basque Country was incorporated into the car network in year 2020..[8][2]

Diversification and international expansion

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Flexicar combined its international expansion with a broader diversification of its business from the year 2023. The group opened its first dealership outside Spain in Porto -Portulal- after an initial investment of more than €5 million, and later on extended its Portuguese network.[5][3][4] During the mentioned period, it entered the motorcycle market through Flexibike, focused on used and nearly new motorcycles, and added vehicle renting for private and business customers..[9][10][4] In March of the year 2024, the cars group launched Flexicar Green in Madrid, a division for used and nearly new vehicles classified under Spain's environmental labelling system, including the "ECO" and "CERO" categories used by the Directorate-General for Traffic.[11][12][13]

Flexicar also entered sports sponsorship through an agreement with Baloncesto Fuenlabrada, whose first team competed from the 2024–25 season under the name Flexicar Fuenlabrada.[14][15][16]

Corporate restructuring and rebrand

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Flexicar by the yeat 2025 corporate changes combined a legal reorganization, a brand renewal, the expansion of its business lines and changes in its management structure.

At the start of that year, after corporate resolutions approved in the past December 2024, several companies were brought under Flexicar Internacional SL through a restructuring involving Financar Automoción SL, Finanflex 2019 SL, Flexicar Capital SL and Flexicar Ibérica SL, consolidating the group's main companies under the international holding.[17][18][19]

The corporate reorganization was followed in February by a rebrand in which Flexicar named two-time Formula One World Champion Fernando Alonso as brand ambassador, alongside a renewed visual identity, the slogan "Una vida, muchos cars" and changes to its online platforms.[20][21][22][23] By April, the group broadened its activity in the caravaning market by acquiring a 25% stake in Grupo Autocaravanas Norte, a Spanish wellknow dealer of motorhomes, camper vans and caravans, which allowed those vehicles to be offered through more than 50 Flexicar sales points in Spain.[24][25] Later, in the same mentioned year, Antonio García Olmos, formerly an executive at BBVA, was appointed chief executive officer.[3].

Flexicar Internacional SL also created Fundación Flexicar, which was registered with the purpose of improving the welfare or health of children with serious illnesses.[26]

Market context

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Spain's used-vehicle market includes, among others, dealership networks, independent retailers, online classified platforms and remarketing operators. In 2025, used passenger-car sales in Spain exceeded 2.2 million units, with 1.9 used cars sold for every new car, according to GANVAM and Faconauto.[27][28] Mordor Intelligence, a market research and advisory firm, lists Flexicar among the mayor companies active in the Spanish used-car sector..[29]

See also

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References

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  1. "Flexicar Internacional SL". Cinco Días Directorio de Empresas (in Spanish). Iberinform. Retrieved 12 June 2026.
  2. 1 2 3 "Entrevista a Oliver Cornago, Director Ejecutivo en Flexicar". El Observatorio Cetelem (in Spanish). Retrieved 12 June 2026.
  3. 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.
  4. 1 2 3 4 "Antonio García Olmos, ex-BBVA, nuevo consejero delegado de Flexicar". Cadena SER (in Spanish). 13 November 2025. Retrieved 5 July 2026.
  5. 1 2 "Flexicar arranca la expansión internacional con su primer concesionario en Portugal". La Razón (in Spanish). 16 May 2023. Retrieved 12 June 2026.
  6. "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.
  7. "Flexicar: historia y expansión". Infoargentum (in Spanish). Retrieved 12 June 2026.
  8. 1 2 "Qué es el Grupo Flexicar". El Confidencial Digital (in Spanish). 18 June 2024. Retrieved 12 June 2026.
  9. "Hablamos con Alberto Rodríguez Oviedo, responsable de Flexibike". EnMoto (in Spanish). Retrieved 12 June 2026.
  10. "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.
  11. "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.
  12. "Abre en Madrid el primer concesionario de coches de ocasión 100% eco del país". Infobae (in Spanish). Agencias. 12 March 2024. Retrieved 5 July 2026.
  13. "Distintivo ambiental". Dirección General de Tráfico (in Spanish). 28 October 2025. Retrieved 5 July 2026.
  14. "Flexicar, nuevo patrocinador del Baloncesto Fuenlabrada". Marca (in Spanish). 13 September 2024. Retrieved 12 June 2026.
  15. "El Fuenlabrada abre una nueva etapa con Flexicar". AS (in Spanish). 13 September 2024. Retrieved 5 July 2026.
  16. "Flexicar ya es el nuevo patrocinador principal del Baloncesto Fuenlabrada". Fuenlabrada Noticias (in Spanish). 13 September 2024. Retrieved 5 July 2026.
  17. "FINANCAR AUTOMOCIÓN, S.L. FINANFLEX 2019, S.L. FLEXICAR INTERNACIONAL, S.L. FLEXICAR CAPITAL, S.L. FLEXICAR IBÉRICA, S.L." Boletín Oficial del Registro Mercantil (in Spanish). 9 December 2024. Retrieved 5 July 2026.
  18. "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.
  19. "Flexicar fusiona sus firmas bajo el paraguas internacional con apoyo legal de Garrido". Garrido (in Spanish). 20 January 2025. Retrieved 5 July 2026.
  20. "Flexicar se convierte en el nuevo 'equipo' de Fernando Alonso". El Motor (in Spanish). El País. 25 February 2025. Retrieved 12 June 2026.
  21. "Flexicar ficha a Fernando Alonso para revolucionar el sector de la automoción en España". La Razón (in Spanish). 25 February 2025. Retrieved 5 July 2026.
  22. "Flexicar ficha a Fernando Alonso para revolucionar el sector de la automoción en España". Cadena SER (in Spanish). 25 February 2025. Retrieved 5 July 2026.
  23. "Flexicar ficha a Fernando Alonso para revolucionar la automoción". Control Publicidad (in Spanish). 25 February 2025. Retrieved 5 July 2026.
  24. "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.
  25. "El Grupo Autocaravanas Norte anuncia un acuerdo con Flexicar para reforzar su presencia nacional". PressDigital (in Spanish). Agencias. 10 April 2025. Retrieved 5 July 2026.
  26. "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.
  27. "El mercado de turismos de segunda mano cumple las previsiones y cierra 2025 superando los 2,2 millones de unidades". GANVAM (in Spanish). 8 January 2026. Retrieved 5 July 2026.
  28. "El mercado de turismos de segunda mano cumple las previsiones y cierra 2025 superando los 2,2 millones de unidades". Faconauto (in Spanish). 8 January 2026. Retrieved 5 July 2026.
  29. "Top Spain Used Car Companies, Leaders & Major Players". Mordor Intelligence. Retrieved 12 June 2026.