Lars Herlin | July 07, 2021 | Automotive, Financials / Deals
Germany-based online car market AutoScout24 led a €16 million ($18.8 million U.S.) investment round in imove, a Norwegian subscription-based marketplace for...
Ben Salisbury | July 06, 2021 | Automotive
Auto marketplace HeyCar has introduced a new cashback scheme for customers to help dealers’ source used cars. The ‘Trade Up’ initiative gives dealers £250 extra...
Prabhu | July 05, 2021 | Automotive, Financials / Deals
India-based used motorcycles marketplace CredR has raised $6.5 million in a funding round led by Yamaha Motors. Existing investors Omidyar Network and Eight Roads...
Tariq Ahmed Saeedi | July 06, 2021 | Automotive
Pakistan-based auto marketplace CarFirst has introduced home inspection service for which a user can make an online booking and receive offer… This article is...
Rebeka Shaid | July 05, 2021 | Automotive
LeasingMarkt.de, one of the largest marketplaces for car leasing in Germany, has expanded to Austria, marking another milestone for the company which is part of...
Leanne Wang | July 05, 2021 | Automotive, People on the Move
AutoHome (NYSE: ATHM; HKEX: 2518)a leading online automotive vertical in China, announced on 3 July the resignation of its CFO Jun Zou which will be effective on...
Greg Spencer | July 02, 2021 | Automotive, People on the Move
Former TrueCar executive Simon Smith has been appointed president and COO of CentralBDC, a third-party call-center service that supports dealership sales efforts....
Rachel Velebny | July 02, 2021 | Automotive
Dutch automotive resale marketplace AutoCircuit, owned by Mediahuis, has merged with AutoTrack and joined the Automotive MediaVentions group of brands. Automotive...
Andrzej Sowula | July 01, 2021 | Automotive, Digital Auto Retail
Czech-based auto vertical Carvago.com has launched in Poland. The company lets users buy and sell a used car online and give access to several ancillary services....
Angela Hawksford | July 01, 2021 | Automotive
A Singapore-based startup is chasing the $90 billion U.S. used-motorbike market in Southeast Asia, by rolling out a transactional platform. This article is locked....
Prabhu | June 30, 2021 | Automotive, Financials / Deals
India-based auto marketplace Cars24 has raised $13.45 million in a Series B debt funding round. As per an exclusive report by Entrackr, Cars24’s regulatory filings...
Jacopo Natali | June 30, 2021 | Automotive, Financials / Deals
Singaporean classifieds site Carousell is exploring a merger with a special purpose acquisition company, or SPAC, to go public in the United States, according to...
Davide Rasconi | June 30, 2021 | Automotive, Financials / Deals
Italian automotive marketplace Brumbrum, the first auto company in Europe offering zero km and long-term rental options, raised $77 million through its latest...
Jacopo Natali | June 30, 2021 | Automotive
Singapore-headquartered Carro has launched an artificial intelligence-driven pay-per-kilometer car insurance and maintenance plan in Singapore. In Thailand, the...
Jacopo Natali | June 30, 2021 | Automotive, Financials / Deals
Carsome, a Malaysia-headquartered marketplace for used cars, is working on several major mergers and acquisitions (M&A) to expand its presence in Malaysia,...
Léo Siqueira | June 29, 2021 | Automotive, Financials / Deals
Mexican-based automotive marketplace Kavak, which reached a valuation of $4 billion US, is buying a controlling stake at Turkish automotive company GarajSepeti,...
Adegoke Seun | June 28, 2021 | Automotive, Marketplaces, Financials / Deals
A leading pan-African general marketplace Jiji has acquired auto marketplace leader Cars45 from OLX Autos for an undisclosed amount. Jiji now operates...
Mitali Desai | June 25, 2021 | Automotive
This week, online automotive marketplace CarGurus (Nasdaq: CARG) shared the results of its its latest consumer sentiment survey focused on perceptions of...
AIM Group | June 25, 2021 | Automotive, Financials / Deals
CarMax today reported massive growth in revenue and profits due to growing demand of used-cars and increase in average… This article is locked. Please email...
Rebeka Shaid | June 24, 2021 | Automotive, Marketplaces, Digital Auto Retail
Driverama, an online used-car platform, is due to open its first German branch in Dusseldorf next week. Since announcing its launch date earlier this year,...
AIM Group | June 23, 2021 | Automotive, Digital Auto Retail
In a recent survey, Dutch auto marketplace CarNext found that half of the drivers in all six of its core markets in Europe now prefer owning cars over using public...
Andrzej Sowula | June 22, 2021 | Automotive
Czech internet company Seznam has revamped its auto vertical Sauto.cz. The company has introduced a possibility to list the car via a mobile app, refreshed the...
Prabhu | June 22, 2021 | Automotive, Digital Auto Retail, Financials / Deals
India-based auto marketplace Cars24 has earmarked $100 million (INR 740 crores) for international expansion this year. This article is locked. Please email...
Jacopo Natali | June 22, 2021 | Automotive, Digital Auto Retail, Financials / Deals
Malaysian-based automotive marketplace Carsome is considering listing in the United States, a deal that will make it the first unicorn company in Malaysia. The...
Léo Siqueira | June 21, 2021 | Automotive
Webmotors, a leading automotive vertical in Brazil, is launching its CRM product CockPit in Chile as part of the company’s international expansion, the company...
Mitali Desai | June 21, 2021 | Automotive, Marketplaces
Today, Canadian online marketplace Kijiji announced it will partner with data collaboration site InfoSum to offer cookieless user matching for its general site and...
Mitali Desai | June 21, 2021 | Automotive, People on the Move
Cox Automotive, which operates Autotrader.com and KBB.com in the U.S., along with about two dozen other auto-related businesses, has named Michele Parks as its new...
Deepak Batra | June 20, 2021 | Automotive, Financials / Deals
In a continued flurry of fund-raising in Indian used-car eco-system, Tiger Global Management is in talks to lead a $100M round in online used-car retailer Spinny,...
Ben Salisbury | June 18, 2021 | Automotive, Digital Auto Retail
PSA Peugeot and Citroen Group-owned Stellantis launched the U.K.’s first multi-brand approved-used car program to combine online and offline car sales on June 16...
Ben Salisbury | June 18, 2021 | Automotive, Digital Auto Retail
Listed car supermarket group Motorpoint has set out a plan to try to strengthen its online car selling business and compete with British used car marketplace Cazoo...
