Ben Salisbury | August 12, 2019 | Automotive
“Many dealers still think they can clear lots with price drops but it isn’t clearing lots, it’s shifting in-store behaviours.” Len Short, the founder in 2012 and CEO of LotLinx, says managing stock using targeted data helps dealers maintain margins and drive...
Tom Marling | August 12, 2019 | Automotive, Financials / Deals
Alibaba-backed automotive b-to-b autos unicorn Souche.com has signed a deal to cooperate with Alibaba subsidiary and video streaming leader Youku. The two will co-produce a number of "advertainment"-style web series for the Youku platform. This content is part of our...
Tom Marling | August 12, 2019 | Automotive
Min Lu, the CEO of leading Chinese autos mall AutoHome (NYSE: ATHM), has said that building on the company’s existing presence in used autos has been a priority so far in 2019. This comes as the company attempts to hit 4 million MAUs for its used-auto...
Tariq Ahmed Saeedi | August 12, 2019 | Automotive
Car subscription site Norel.jp has introduced a VR service to let users browse listings through an immersive experience. They can also consult with a concierge desk casually via video calling. Norel.jp is owned and operated by Tokyo-based used-cars trading firm Idom...
Tariq Ahmed Saeedi | August 11, 2019 | Automotive
South Korean used-car marketplace EnCar.com now offers an entirely digital car buying process after launching a home delivery service. The service was introduced last month with free delivery for the first 100 customers. Each car sold by the site goes through a...
Tariq Ahmed Saeedi | August 10, 2019 | Automotive
Naspers-owned horizontal OLX Pakistan has launched a used-car inspection service called CarPro in Karachi to capitalize on growth in the second-hand vehicles market. The inspection service was initially launched as a pilot project in Lahore. OLX offers a team of...
