Automotive

Arabam.com responds to Sahibinden’s TV spots

The fact that competition is hotting up in Turkey’s vertical for autos was plain to see on television in the past weeks, where Arabam.com flighted three different TV ads in response to an earlier TV campaign of Sahibinden.com. AIM Group took a closer look at the way the two players competed on TV. Arabam.com opted for humor in its TV ads in response to Sahibinden.com’s rather...

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Vocento announces Schibsted deal

Autocasion Hoy SA, part of Vocento Media Group, finalized details of an agreement with Schibsted Classified Media Spain that licenses its auto classified site Autocasion.com, to manage professional auto sales on Milanuncios.com. This licensing agreement was mandated by the Spanish CNMC (National Commission of Markets and Competition) as part of the deal which allowed Schibsted to acquire...

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French LaCentrale sets up call tracking service

France’s leading auto portal for professionals, Axel Springer-owned LaCentrale.fr has added yet another feature to the repertoire of services, a free call tracking feature, which protects users with the help of an ephemeral number. Developed by WannaSpeak company specializing in telecom services, this feature offers users data protection by means of which their phone number does not appear on...

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Cox names Clement Exec. VP & CFO

Cox Enterprises recently announced that Dallas Clement, 50, has been named executive vice president and chief financial officer effective July 1, 2015. Clement will report to Cox Enterprises President & CEO John Dyer and succeeds Doug Franklin who will retire from Cox August 1, according to PRnewswire. In the new role, the 38-year Cox veteran will be responsible for the company’s...

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Carvana cites double revenue growth, double capacity

Online auto retailer Carvana reported year-over growth of more than 1,000 percent. It also reported it doubled capacity with expansion of operations in Texas. “The response from customers to buy a car online has been so overwhelming, that we have made an investment in a new facility that enables us to sell thousands of more cars per month,” said Ernie Garcia, Carvana’s founder...

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Turkish auto site Oto.net growing fast

Despite the high potential of the Turkish online auto market, only a few sites focus on autos in Turkey. One of them is Oto.net, which launched back in December 2013. The site belongs to ProjectZ, a company known for its technology investments. It also has an angel investor, with a 10-percent stake in Oto.net. Yonca Zaimoglu, who is one of the partners of ProjectZ, was convinced of the idea while...

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