Automotive

SellAnyCar.com expands to Saudi Arabia

The used-vehicle buyer SellAnyCar.com “exported” its vehicle-buying offer to Saudi Arabia recently, where it opened several branches in major cities, including Riyadh and Jeddah. SellAnyCar.com is one of the fastest growing companies in the Middle East, with more branches in Turkey and Jordan, among others. Saudi Arabia is the largest importer of autos and automotive parts in the...

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BidonWheels brings auto auctions to Nigeria

Founded by Chuks Agbakuru, a Nigerian tech entrepreneur, BidOnWheels is a self-funded auction-gaming platform that enables people to bid against others to own their dream autos. The platform allows users to compete with a limited number of people for an auto, in an effort to increase the chances of vehicle ownership in a transparent and reasonable manner, according to Agbakuru. With plans to...

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Marktplaats.nl launches new media campaign, builds online car showroom

Marktplaats.nl came up with a massive media campaign on radio, TV and online featuring its new brand strategy, and is also expanding its focus on new car sales. The new advertising strategy with an ad featuring a man in his fifties who reunites with the vintage motorcycle from his youth shows Marktplaats helping users fulfill their dreams and brings them things that have emotional meaning. In...

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Au.to search engine beta goes public

Au.To just rolled out in public beta, as a vehicle-for-sale search engine that claims to exceed both Autotrader.com and Cars.com volume by at least 200,000 vehicles. There seem to be a number of auto sites and vendors involved in this one.  The very cool option to send  vehicle display page details to a mobile phone is an Autobytel tool, vehicle history reports are delivered by Carfax, and...

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Oba to enter the Brazilian auto classifieds

XMarket, a Brazilian company that received an initial seed funding of $850,000, has started a cars website to compete in the Brazilian autos segment. The company expected to launch its website last year, but postponed the move to the first quarter of 2015 after changing the platform’s name to Oba.com.br. Oba.com.br will now unite all of XMarket’s businesses – real estate,...

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Auto Trader U.K. shares soar on floatation

Auto Trader U.K.’s shares soared on their first day of conditional trading on the London Stock Exchange (LSE) yesterday. From an initial public offering (IPO) price of £2.35 per share ($3.46 U.S.), which valued the company at £2.35 billion, the share took just a quarter of an hour to hit £2.65, before closing at £2.56, an increase of nearly nine percent on the IPO price. Floating 59...

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