Patrick Kosmider | June 14, 2022 | Automotive, Digital Auto Retail
German car subscription provider Cluno will no longer offer car subscriptions for future customers because of British parent company Cazoo’s new austerity...
Greg Spencer | June 14, 2022 | Automotive, Digital Auto Retail, People on the Move
Cars.com has hired Brian Kramer, an automotive retail veteran with nearly two decades of leadership experience, as general manager of newly acquired online...
Ben Salisbury | June 14, 2022 | Automotive, Digital Auto Retail
Cazoo has announced its first set of redundancies following its realignment plan set out last week. It will close a vehicle preparation center in Ledbury,...
Prabhu | June 09, 2022 | Automotive, Digital Auto Retail
German automobile manufacturer Porsche has launched Porsche Approved, its used cars program in India. On the program’s dedicated site, customers can explore...
Greg Spencer | June 08, 2022 | Automotive, Digital Auto Retail, Financials / Deals
U.S. listings site TrueCar has acquired Digital Motors, a vendor of online retailing software, for undisclosed terms. The move intends to accelerate TrueCar's...
Ben Salisbury | June 08, 2022 | Automotive, Digital Auto Retail
New research on the most-stocked car dealers in the U.K. shows online auto marketplace Cinch, owned by Constellation Automotive Group, has the second highest...
Ben Salisbury | June 07, 2022 | Automotive, Digital Auto Retail, Financials / Deals
British online car dealer Cazoo has announced a business realignment plan to save £200 million ($250 million U.S.) over the next 18 months as it battles against a...
Damian Shore | June 07, 2022 | Automotive, Digital Auto Retail, Financials / Deals
Revenue at Aramis Group’s Spanish subsidiary Clicars rose at an annual rate of 138% during the six months to March 2022 to reach €187 million ($199.4 million...
Jacopo Natali | June 06, 2022 | Automotive, Digital Auto Retail, Financials / Deals
Singapore-based Carro has invested IDR 784 billion ($53.8 million U.S.) to become a shareholder in PT Mitra Pinasthika Mustika Rent (MPMRent), giving the...
Ben Salisbury | June 03, 2022 | Automotive, Digital Auto Retail
Constellation Automotive Group-owned subsidiary BCA has launched a new set of digital tools for dealers. The upgrades have been made to BCA Search, Partner...
Ben Salisbury | June 03, 2022 | Automotive, Digital Auto Retail, Financials / Deals
British automated sales and marketing technology company MotorK has completed the acquisition of car park management solutions provider Carflow. Carflow provides...
Deb Stowe | June 03, 2022 | Automotive, Digital Auto Retail
Carmaker Ford is to sell its electric vehicles (EVs) exclusively online and for a fixed price, according to USA Today, quoting CEO Jim Farley. In a major departure...
Ben Salisbury | June 03, 2022 | Automotive, Digital Auto Retail
British online automotive marketplace CarWow has increased the proportion of customers who place a formal enquiry for a used car after starting their search on its...
Prabhu | June 02, 2022 | Digital Auto Retail
CarTrade Tech, the India-based parent of used cars marketplace CarWale, has teamed up with IDFC First bank for its financial services. Join now to access the full...
Patrick Kosmider | June 02, 2022 | Automotive, Digital Auto Retail
ViveLaCar, a vehicle subscription platform located in Germany, will cooperate with auction service provider BCA to implement a digital process for purchasing...
AIM Group | June 01, 2022 | Automotive, Digital Auto Retail
CarNow, which provides digital retail software to the automotive industry, has named Tim O’Toole (LinkedIn profile) as its new CFO. O’Toole joins CarNow with more...
Ben Salisbury | May 26, 2022 | Automotive, Digital Auto Retail, Financials / Deals
Leading British automotive marketplace Auto Trader has published record results for the year to March 2022 with CEO Nathan Coe calling them “the best financial and...
Greg Spencer | May 25, 2022 | Automotive, Digital Auto Retail, People on the Move
Digital retail vendor CarNow has named CDK Global vet Michael Seeman as SVP of OEM relations and national accounts. In his new job, Seeman will lead the...
Ben Salisbury | May 25, 2022 | Automotive, Digital Auto Retail, People on the Move
The highly respected CEO of Marshall Motor Group Daksh Gupta has announced he will leave his post with immediate effect following confirmation last week that...
Ben Salisbury | May 25, 2022 | Automotive, Digital Auto Retail, Financials / Deals
British used car automotive marketplace Auto Trader will power the used car pages of auto selling websites What Car? And Autocar from July 1, the company said in a...
Ben Salisbury | May 23, 2022 | Automotive, Digital Auto Retail, People on the Move
British online automotive marketplace CarWow has continued its recent recruitment drive with the appointment of Alastair White as its new head of sales. White...
Tariq Ahmed Saeedi | May 19, 2022 | Automotive, Digital Auto Retail
Taiwan-based auto marketplace ABCCar.com.tw has introduced digital auto retail and escrow payment services to promote transparency and security in its used car...
Damian Shore | May 19, 2022 | Automotive, Digital Auto Retail, Financials / Deals
Spanish digital car retailer Clicars has been fully acquired by Aramis Group. Europa Press reported that the value of the transaction exceeded €100 million ($104.7...
Tariq Ahmed Saeedi | May 18, 2022 | Automotive, Digital Auto Retail, Financials / Deals
South Korea-based private equity firm VIG Partners (formerly known as Vogo Investment Group) has started a process to divest from auto marketplace AutoPlus,...
Tariq Ahmed Saeedi | May 18, 2022 | Automotive, Digital Auto Retail, Financials / Deals
Naver-backed used goods marketplace Kream has acquired minority stake in Korean digital auto retailer ChexCar in a deal estimated at ₩1.5 billion ($1.2 million...
Greg Spencer | May 17, 2022 | Automotive, Digital Auto Retail
Carvana has had its dealer’s license revoked by the State of Illinois for the same sort of registration and title problems that have dogged the company in several...
Damian Shore | May 17, 2022 | Automotive, Digital Auto Retail
In an interview with AIM Group principal Jonathan Turpin at the AutosBuzz event in Barcelona today, Jost Dieckhaus (LinkedIn profile), VP of Germany-based digital...
Ben Salisbury | May 17, 2022 | Automotive, Digital Auto Retail
Data from British used car automotive marketplace, Auto Trader will be used to feed the U.K.’s Office for National Statistics (ONS) to measure inflation, including...
Damian Shore | May 17, 2022 | Automotive, Digital Auto Retail
At the AutosBuzz conference in Barcelona today, Felix Frank (LinkedIn profile), the chief commercial officer and GM for Smyle, the auto digital retailing service...
Damian Shore | May 17, 2022 | Automotive, Digital Auto Retail
At the AIM Group’s AutosBuzz conference in Barcelona today, AIM Group principal Jonathan Turpin (LinkedIn profile) forecast that 80% of automotive sales would be...
