Prabhu Prasad | September 03, 2025 | Automotive
Auto verticals in emerging markets with low-trust environments have been focused on tackling fraud for years. To this end, c-to-b-to-c auto site Cars24 has... James Fox | September 03, 2025 | Automotive, Financials / Deals
U.K.-based used car marketplace Motors.co.uk returned to profit for the first time in five years during 2024, but the improvement was largely due to an accounting... Damian Shore | September 03, 2025 | Automotive
Coches.net, the leading auto marketplace in Spain by monthly visits, has added a section dedicated to long-term car renting for companies and the self-employed to... Nik Flegont | September 02, 2025 | Automotive, Auto E-commerce, Financials / Deals
China-based used car reseller Taocheche, has reopened its flagship store in Zhengzhou, one of the nine national central cities in the country.The revamped store,... Nik Flegont | September 02, 2025 | Automotive, Auto E-commerce, Financials / Deals
Revenue at China-based phygital/hybrid auto marketplace AutoStreets Development Ltd. declined by 25.9% year on year (y-o-y) to RMB142 million ($19.9 million)... Greg Spencer | September 02, 2025 | Automotive
U.S.-based autos site TrueCar has parted ways with CRO Jay Ku two-and-a-half years after hiring him, according to a recent regulatory filing. The filing says the... Prabhu Prasad | September 02, 2025 | Automotive, Financials / Deals
India-based auto marketplace CarTrade Tech has allotted an additional 111,875 shares to eligible employees under its employee stock ownership plan (ESOP).... Prabhu Prasad | September 02, 2025 | Automotive, Financials / Deals
India-based used-motorcycle refurbisher Vutto has raised $7.0 million in a Series A funding round led by RTP Global. Blume Ventures, which was involved in Vutto’s... Andrzej Sowula | September 02, 2025 | Automotive
Dilizy, an Estonia-based provider of AI-powered software for car dealers, has entered the Polish market. Dilizy says it offers a “complete dealership... Damian Shore | September 01, 2025 | Automotive
A number of scrapyards in Spain have reported scams involving sales of used car parts on marketplace horizontals Wallapop and Milanuncios, El País reports. These... Damian Shore | September 01, 2025 | Automotive, Financials / Deals
Belgium-based Lizy has raised €75.0 million ($87.6 million) in debt and equity funding “to scale the most digital (used) car leasing company across Europe,”... Hasan Aga | August 29, 2025 | Automotive, People
Egypt-based Contact Financial Holding has appointed Emad Ashour (above) as head of product and growth. Contact Financial Holding is the parent company of auto... Nik Flegont | August 28, 2025 | Automotive, Auto E-commerce, Financials / Deals, People
Autohome Inc., the leading China-based automotive vertical has announced that it had been informed by Yun Chen Capital Cayman and CarTech Holding Company, a... Greg Spencer | August 28, 2025 | Automotive
CarGurus will layoff 101 workers next month as it winds down its Addison, Texas-based wholesale division, CarOffer. The layoffs were disclosed in an official... Greg Spencer | August 27, 2025 | Automotive, People
Car classifieds veteran Chip Perry has a new job as chairman of SellMyRide, a U.S. startup that helps car dealers acquire inventory from private sellers through... Greg Spencer | August 27, 2025 | Automotive, In-Depth
Hertz opens online sales selection to more non-Hyundai brands Adding 45 Hertz stores to “hundreds” of existing Hyundai participants Auto sites watching the project... Prabhu Prasad | August 27, 2025 | Automotive
TrusTerra, a used-EV site specializing in motorcycles, has been launched by Tanvir Singh, former co-founder of a battery-swapping and battery-as-a-service startup,... Damian Shore | August 27, 2025 | Automotive
Spain-based used-car marketplace Coches.net has launched the Configurator (Configurador), which it describes as “an innovative solution for automotive industry... Prabhu Prasad | August 27, 2025 | Automotive, People
India-based auto marketplace group CarDekho has reappointed Mayank Gupta as the group CFO. Mayank Gupta (LinkedIn profile) was the group CFO of CarDekho for nearly... Tariq Ahmed Saeedi | August 26, 2025 | Automotive, Financials / Deals
Stellantis-backed AfriCar Group has acquired Koto.ci, the first new car comparison site in Côte d’Ivoire or Ivory Coast. Terms were not disclosed. The acquisition... Prabhu Prasad | August 25, 2025 | Automotive, Financials / Deals
India-based used-car marketplace Cars24 has received around INR3.4 billion ($40 million) from its Singapore-based parent company Global Car Group, Inc42... Prabhu Prasad | August 25, 2025 | Automotive
BeepKart, an India-based used-motorcycle marketplace, has ceased operations following prolonged financial challenges. “As always, BeepKart remains fully committed... Nik Flegont | August 24, 2025 | Automotive, Auto E-commerce
The automotive vertical of Russia-based IT giant Yandex has leveraged its machine learning technology to simplify car selection, Auto.ru said in a press release.... Ignacio Landivar | August 24, 2025 | Automotive
Multinational automaker Stellantis has expanded its online retail operations by enabling the full digital purchase of used cars from its Spoticar used-car... Hasan Aga | August 22, 2025 | Automotive
UAE-based automotive marketplace DubiCars has announced its latest AI-powered data feature with the introduction of a new AI chatbot and an AI summary feature for... Prabhu Prasad | August 22, 2025 | Automotive
Carro, a Singapore-headquartered auto marketplace with operations across Southeast Asia, has teamed up with Hong Kong-listed fintech company SY Holdings to expand... James Fox | August 22, 2025 | Automotive
City Auction Group has become the first official affiliate of TradeSales, a U.K.-based wholesale vehicle site aiming to give car dealers, leasing firms, and fleets... Greg Spencer | August 22, 2025 | Automotive, Financials / Deals
Autotrader.com, Cox Automotive’s main U.S. vehicles marketplace, has broadened its reach in an exclusive arrangement that redistributes its millions of listings to... Hasan Aga | August 20, 2025 | Automotive, Financials / Deals
Egypt-based auto marketplace Contactcars.com has announced that it registered 132 million classified page views during the first half of 2025. Its Oltobha... Greg Spencer | August 20, 2025 | Automotive
Amazon Autos has charged ahead with its foray into used cars by signing up Hertz Car Sales. Hertz, the second largest car-rental company in the U.S. after...