Tesco flops as used car salesman

The reputation of the Tesco management for sure-footedness has taken another knock, with Britain's biggest retailer scrapping the online used car site it set up a year ago.

The reputation of the Tesco management for sure-footedness has taken another knock, with Britain's biggest retailer scrapping the online used car site it set up a year ago.

Tesco Cars was set up in April 2011 with lofty ambitions to offer up to 3,000 cars for sale each month, but came nowhere near the upper level of its target range. According to the Guardian newspaper, the online joint venture with Carsite was selling around 150 cars a month at the end end of last year, as it struggled to get a decent supply of cars.

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