Ben Salisbury | September 13, 2021 | Automotive, Digital Auto Retail, Financials / Deals
Financial API platform TrueLayer has been appointed by British online car retailer Cazoo to help improve Cazoo’s payment and refunds system. The new system uses...
Ben Salisbury | September 13, 2021 | Automotive, Digital Auto Retail
British automotive marketplace CarWow now has 7,000 used cars available for dealers to buy directly from CarWow customers on its newly-acquired car buying...
Prabhu | September 11, 2021 | Automotive, Digital Auto Retail, Financials / Deals
India-based used cars marketplace Cars24 has raised $258.6 million from marquee investors, taking its valuation to nearly $1.75 billion. Join now to access the...
Gordan Stanic | September 06, 2021 | Automotive, Digital Auto Retail
NEOSTAR, a b-to-c-to-b auto marketplace startup, has recently launched financing options for used cars in cooperation with Erste Bank. In the eight months since...
Deb Stowe | September 03, 2021 | Automotive, Digital Auto Retail
Some normalcy is returning to the global autos sector, one of the most hard-hit industries by the Covid-19 pandemic, according to a new McKinsey & Co....
Greg Spencer | August 31, 2021 | Automotive, Digital Auto Retail
Struggling car-subscription platform Fair.com announced a radical change of direction today, saying it will become an automotive marketplace serving third-party...
Tariq Ahmed Saeedi | August 31, 2021 | Automotive, Digital Auto Retail, Financials / Deals
KCar Inc., which operates an auto marketplace and an online car auction system in South Korea, today posted its half-year results with record high performance. The...
AIM Group | August 27, 2021 | Automotive, Digital Auto Retail, People on the Move
Netherlands-based auto marketplace CarNext has appointed Sophie Krishnan as chief executive officer after separating from car-leasing company LeasePlan. CarNext...
Ben Salisbury | August 27, 2021 | Automotive, Digital Auto Retail, Financials / Deals
U.K.-based digital auto dealer Cazoo listed on the New York Stock Exchange on August 27 through a special-purpose acquisition company (SPAC) that valued the...
Greg Spencer | August 25, 2021 | Automotive, Digital Auto Retail, Financials / Deals
CarNow, a firm that provides digital retail services and dealer software, has received $30 million in new investment. The funding from Battery Ventures, a...
Greg Spencer | August 25, 2021 | Automotive, Digital Auto Retail
Rocket Auto, part of Detroit-based Rocket Companies, has launched a new car listings site, RocketAuto.com, going head-to-head with the likes of Cars.com, Cox...
Ben Salisbury | August 20, 2021 | Automotive, Digital Auto Retail, People on the Move
British auto vertical Cazoo has appointed Jonathan Dunkley as senior strategic advisor. Dunkley (LinkedIn profile) is a former CarShop chief executive and was a...
Jacopo Natali | August 19, 2021 | Automotive, Digital Auto Retail
Malaysia-based automotive marketplaces Mudah.my and MUV have signed a deal that will create a larger selection of inspected and used cars with warranty in...
Ben Salisbury | August 18, 2021 | Automotive, Digital Auto Retail
Leading British automotive marketplace Auto Trader will launch a trade-in incentive for customers when they use its Guaranteed Part-Exchange (GPX) service through...
Greg Spencer | August 17, 2021 | Automotive, Digital Auto Retail, People on the Move
Yossi Levi, founder and CEO of online car retailer Gettacar, was named an Ernst & Young Entrepreneur of the Year in the Greater Philadelphia area. A panel of...
Jacopo Natali | August 17, 2021 | Digital Auto Retail, People on the Move
Malaysia-headquartered used car marketplace Carsome has appointed Melanie Mei, a former group account director at Ogilvy, as its new head of marketing for...
Ben Salisbury | August 17, 2021 | Automotive, Digital Auto Retail
British digital used car dealer Cazoo has launched a car-buying service that provides customers with an instant valuation on their vehicle. The new Sell Car tool...
Greg Spencer | August 12, 2021 | Automotive, Digital Auto Retail, Financials / Deals
Online car dealer Carvana has invested $124 million in insurance startup Root, Inc., in a deal that gives Root an exclusive right to offer its car-insurance...
Prabhu | August 10, 2021 | Digital Auto Retail
India-based used cars marketplace CarTrade is off to a sluggish start despite 80% subscriptions from retail investors. Join now to access the full content....
Ben Salisbury | August 03, 2021 | Automotive, Digital Auto Retail
Leading British autos marketplace Auto Trader is providing dealers with a new way to access over 30,000 used cars sourced directly from consumers as part of its...
Ben Salisbury | August 03, 2021 | Automotive, Digital Auto Retail, People on the Move
British automotive marketplace CarWow has announced plans to recruit for 50 new roles based at its new Bournemouth office in southern England. The recruitment...
Jacopo Natali | August 02, 2021 | Automotive, Digital Auto Retail, Financials / Deals
The Malaysia-based automotive marketplace ICar Asia Limited has published its Appendix 4C for the second quarter of 2021. The report shows cash receipts in Q2...
Greg Spencer | July 26, 2021 | Automotive, Digital Auto Retail, People on the Move
Konect Ai, a software vendor for car dealerships, has named Cox Automotive veteran Jerry Salerno as president. The 10-year-old company has charged Salerno with...
Deepak Batra | July 20, 2021 | Automotive, Digital Auto Retail
India-based CarDekho recently announced the launch of an online pre-owned retailing service, where customers can currently browse over 5,000 certified cars. The...
Ben Salisbury | July 15, 2021 | Automotive, Digital Auto Retail
British digital used car dealer Cazoo has opened a new customer center in Carlisle, England for customers to pick up ‘click and collect’ orders. The facility,...
Rachel Velebny | July 08, 2021 | Automotive, Digital Auto Retail, Financials / Deals
CarNext, a European-wide online automotive b-to-b and b-to-c marketplace, has become a standalone company, and has raised €400 million ($474 million U.S.) to...
Jacopo Natali | July 07, 2021 | Automotive, Digital Auto Retail, Financials / Deals
Malaysia-based automotive marketplace Carsome has acquired a stake in PT Universal Collection (PT UC), a used vehicle sales company located in Jakarta. In 2020, PT...
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 gives access to several ancillary services....
Prabhu | June 30, 2021 | Digital Auto Retail
India-based auto marketplace CarWale has partnered with French automobile manufacturer Citroen for last-mile delivery of new C5 Aircross SUV. Join now to access...
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,...
