CarFirst and Jubilee to offer auto insurance
CarFirst, Pakistan’s premier recommerce start-up in the used-autos niche, partnered with insurer Jubilee General Insurance to offer auto insurance products to its customers, a news release said.
Automotive
AutosPlus2017: Meet Sujay Tyle of Frontier Car Group
Sujay Tyle founded the Frontier Car Group with colleagues from Auto1 and Millicom. He will be speaking at AutosPlus2017, the AIM Group's classified conference in London in October. In our latest profile, we asked Tyle to tell us what’s unique about working in emerging markets.
Yixin Group launches major advertising campaign
Yixin Group (otherwise known as Daikuan.com, Yixin Chedai or Yixin Capital Ltd.), China’s leading provider of used- and new-auto financing and auto transactions, launched a new advertising campaign for its customer-end platform Taoche.com (淘车). The campaign is being fronted by celebrity actor and singer Deng Chao 邓超.
Start-up of ex-TrueCar CEO comes out of stealth
Scott Painter’s new automotive classified company is called Fair. It aims to do away with "boring" car leases.
CarGurus files for $100-million IPO
CarGurus filed on Friday with the SEC to raise up to $100 million in an initial public offering. The company would be valued at more than $1 billion.
AutoTrader UK takes stance for price transparency
AutoTrader.co.uk, Britain's biggest auto classified, is implementing new measures to improve transparency and build consumer confidence. The latest is a warning to auto dealers who fail to add their administration fees to the selling prices of the vehicles they list.
Investors line up to buy South Korea’s Encar.com
SK Holdings, the third largest business conglomerate in South Korea, is considering the sale of its used-cars classified site SK Encar (at Encar.com) in a deal which may pocket it between 100 billion won ($88.6 million U.S.) and 200 billion won ($177 million U.S.), reported The Korean Herald.
AutoTrader.ca acquires Canada Moto Guide
Were you worried about the future of Canada Moto Guide (CMG) the classified site for buying and selling motorcycles in Canada? Since the tragic death of its founder Rob Harris, killed in a motorcycle accident in 2016, the site’s future was in flux. No more.
Motory.de launches shopping club for members
Motory.de, the German auto site that’s both an aggregator and an online community for owners, expands yet again with Motory-Club.
Start-up Cars24 focuses on growing supply in India
India's used-autos site Cars24, which is positioned with the buzz line “Sell your car in 30 minutes”, started offering instant payment and free vehicle registration certificates (RC) to buyers of used cars, to further reduce hassles. Cars24 belongs to Punjab-based Vienna Solutions.