Jacopo Natali | December 11, 2020 | Automotive, Auto E-commerce
According to Google, Indonesia is the largest digital economy in Southeast Asia — it's predicted to reach $44 billion U.S. this year. This massive potential has... Greg Spencer | December 11, 2020 | Automotive, Auto E-commerce, Financials / Deals
Updated with the acquisition price and information from Manheim Used-car marketplace CarGurus has announced plans to acquire a 51% stake in wholesale vehicle... Ben Salisbury | December 09, 2020 | Automotive, Auto E-commerce
U.K.-based vehicle financing company MotoNovo Finance is collaborating with wholesale funding software firm APAK to launch new supplier-direct funding. The new... Ben Salisbury | December 08, 2020 | Automotive, Auto E-commerce
Electric vehicle and mobility solutions designer and manufacturer Fisker Inc. has signed an agreement with Cox Automotive U.K. and Rivus Fleet Solutions to provide... Ben Salisbury | December 03, 2020 | Automotive, Auto E-commerce
Carzam, a new online automotive platform, launched in the U.K. today, adding to the fierce competition in the U.K. online automotive marketplace. The new platform... Ben Salisbury | December 02, 2020 | Automotive, Auto E-commerce
U.K.-based automotive used-car marketplace Motorway has launched a new bidding system for its Motorway Pro product. The feature lets dealers set a maximum amount... Ben Salisbury | December 02, 2020 | Automotive, Auto E-commerce, People
Neil Smith has left his role as retail operations director at U.K.-based digital dealer Cazoo. Smith (LinkedIn profile) was hired by Cazoo to oversee the... Ben Salisbury | November 30, 2020 | Automotive, Auto E-commerce
Volkswagen Financial Services (VWFS) has launched a car leasing platform in the U.K. VWFS Drive offers U.K. consumers a direct option to lease a vehicle online.... Ben Salisbury | November 26, 2020 | Automotive, Auto E-commerce
Leasys, the funding arm of Italian car manufacturer Fiat Chrysler Automobiles (FCA) has launched a new online auction platform called Clickar in the U.K. Clickar... Ben Salisbury | November 24, 2020 | Automotive, Auto E-commerce
Nathan Coe, the CEO of leading British auto vertical Auto Trader, has said the company doesn’t have a strategy to sell its own cars or compete with dealers.... Ben Salisbury | November 19, 2020 | Automotive, Auto E-commerce
Leading British auto vertical, Auto Trader has reported a positive response to the recent launch of its Buy Online hub, which lets dealers take advantage of... Lucy Barnard | November 18, 2020 | Automotive, Auto E-commerce
Oman-based Carzaty said it is attempting to leverage its store of data to buy specific makes and models that are in demand but likely to sell out soon. Carzaty was... Ben Salisbury | November 17, 2020 | Automotive, Auto E-commerce
British auto vertical Cazoo has delivered its 10,000th car since launching on December 1, 2019. In that time, it's generated revenue of over £150 million ($198... Ben Salisbury | November 17, 2020 | Automotive, Auto E-commerce
Dealer Auction, the digital remarketing joint venture between Cox Automotive and Auto Trader, will supply digital auction services to Volkswagen Group’s franchised... Ben Salisbury | November 16, 2020 | Automotive, Auto E-commerce
HeyCar now offers free home delivery in the U.K. The company is offering the service on all 110,000 vehicles on its platform and is covering dealers’ costs... Greg Spencer | November 13, 2020 | Automotive, Auto E-commerce, Financials / Deals
Online used-car retailer Shift (NASDAQ: SFT) issued its first quarterly earnings report as a publicly traded company, posting revenue of $59.9 million, up 31%... Ben Salisbury | November 12, 2020 | Automotive, Auto E-commerce
HeyCar, the Volkswagen and Daimler-backed used-car vertical, has introduced fully-integrated financing applications into its purchasing process in the U.K. The new... Greg Spencer | November 09, 2020 | Automotive, Auto E-commerce, Financials / Deals
Cars.com posted revenue of $144.4 million in the third quarter of 2020, a vast improvement from Q2, but down about 5% year-over-year. The company attributed the... Ben Salisbury | November 06, 2020 | Automotive, Auto E-commerce
Automotive marketplace CarGurus.co.uk will cancel dealers’ advertising subscription fees for December in response to the 27-day lockdown announced for England that... Ben Salisbury | November 05, 2020 | Automotive, Auto E-commerce, Financials / Deals
Cinch, the British used car platform owned by BCA has announced it has agreed a £50 million ($65 million U.S.) finance facility with HSBC and NatWest banks. The... Greg Spencer | November 02, 2020 | Automotive, Auto E-commerce
Fresh from his ejection as CEO of car-subscription firm Fair, Scott Painter, a founder and former CEO of TrueCar, has started a new automotive tech firm: NextCar... AIM Group | October 29, 2020 | Automotive, Auto E-commerce, Financials / Deals
BipiCar.com, a European car subscription startup, recently closed a €10.5 million ($12.3 million) investment round. One of the round's major funders was Adevinta... Greg Spencer | October 28, 2020 | Automotive, Auto E-commerce
CarGurus unveiled new and upcoming product developments this week, including a tool that uses AI to help dealers sort hot leads from cool ones. The updates were... Jacopo Natali | October 27, 2020 | Automotive, Auto E-commerce
AutoDeal.com.ph's founders are looking to replicate their success in the motorbike industry. The site's owners, the SirQo Group Inc, recently launched... Rebeka Shaid | October 26, 2020 | Automotive, Auto E-commerce
HeyCar Germany has rolled out a ‘buy online’ service in a move that will ramp up competition in the German market, which has long been dominated by... Greg Spencer | October 26, 2020 | Automotive, Horizontals, Auto E-commerce
Kijiji Autos, the used-vehicle vertical of Canada’s most popular classifieds site, has joined with marketing company 360 Agency to bring inventory-management and... Greg Spencer | October 23, 2020 | Automotive, Auto E-commerce
Cox Automotive’s Dealer.com division has unveiled a product that helps dealerships with online video marketing. Called Connected Video, the product uses Cox... Ben Salisbury | October 23, 2020 | Automotive, Auto E-commerce
David Edmonston, founder of used car news website PistonHeads.com, is involved in a new venture. He's now a minority shareholder in CollectingCars.com, a British... Ben Salisbury | October 21, 2020 | Automotive, Auto E-commerce
Leading British auto vertical Auto Trader has launched beta testing with retailer partners for a guaranteed trade-in tool for its marketplace. Auto Trader says the... Ben Salisbury | October 19, 2020 | Automotive, Auto E-commerce
Cinch, an auto classifieds site launched in the U.K. in 2019 and operated by vehicle remarking company BCA Marketplace, has pivoted to a new business model that... 
