AramisAuto revenue jumps by 60% in 2018
The revenue of the French recommerce used-auto site AramisAuto has increased by 60% on the year to the level of €700 million ($794 million U.S.) in FY18.
Automotive
German discount grocer Lidl offers leased Fiats for €89 per month
The German discount grocer Lidl is offering car leasing for as little as €89 per month, through a relationship with the auto leasing startup Vehiculum.
CarFirst launches trade-in program
Pakistani used-car online auction and trading platform CarFirst is giving sellers the option to upgrade their car by trading it in for a brand new Honda variant. CarFirst is a subsidiary of the OLX Group.
Mercari replicates CarTune’s listings
Mercari Inc., the operator of flea market app Mercari, is collaborating with CarTune. The latter's listings will now automatically be added to the marketplace. The agreement will also allow both companies to monitor transaction history.
Facebook expands targeting options for dealers
Auto dealers using Facebook for advertising are now able to target prospective car shoppers based on their visits to other pages, websites, and apps from auto brands or dealers.
Carfax Canada, Kijiji Autos strike data agreement
Carfax Canada, a leading provider of auto information, will be supplying data for Kijiji Autos' new pricing tool. The company already supplies the vertical with vehicle history information.
Allegro increases reach for auto listings
No.1 Polish horizontal Allegro.pl has signed a cooperation agreement with the country's leading auto news site AutoCentrum.pl and price comparison site Ceneo.pl. Vehicle listings on Allegro will now be automatically listed on AutoCentrum and Ceneo, at no extra charge.
Clicars sales double
Spanish auto marketplace CliCars.com has reported a 119 percent increase in sales in 2018 versus 2017 (it did not release unit numbers). It also announced that it's handled €50 million ($57.3 million U.S.) worth of transactions since launching in 2015.
Former TrueCar executive joins Work Truck Solutions
Former TrueCar and Carfax executive Bernie Brenner has joined Work Truck Solutions' board of directors. The company helps dealers with their commercial business and provides buyers with online inventory.
Truebil raises $14 million from Droom investor
Indian used cars marketplace Truebil has secured a mix of debt and equity funding to the tune of $14 million U.S. (₹100 crores). The Series B round was led by ZIGExN CEO Joe Hirao.