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AutoScout24 appoints new CEO

AutoScout24 has appointed media specialist Edgar Berger as the group’s new chief executive. Berger will be responsible for the day-to-day operations of AutoScout24 Group, which includes Finanzcheck and FinanceScout24, the company said in a press statement on...

CarGurus extends client discount through May

Leading car listings site CarGurus will extend its previously announced subscription discounts for dealers through May. CarGurus announced on March 18 that it would give dealers 50% off their listings subscriptions for April in order to help clients through the...

Stock performances for auto marketplaces in March

The major publicly listed auto marketplace businesses saw share prices slide significantly in March, as markets were hit by Covid-19 fears. Cars.com, which had already begun to slip on the back of poor earnings before the full impact of Covid-19 in mid-March, saw the...

Auto1 breaks with fintech subsidiary

Auto1, the fast-growing used-car dealer, has ended its relationship with its own fintech subsidiary, according to German trade magazine Capital. The split is perplexing, given that Auto1 had high hopes for the subsidiary, which is known as Auto1 Fintech. This content...

ICar Asia releases new remote buying tools

ICar Asia has released two new remote buying tools that are meant to help dealers and car buyers in Southeast Asia navigate social distancing measures. This content is part of our business intelligence service. Please click the button below to learn more....