Greg Spencer | October 15, 2020 | Automotive, Auto E-commerce
Shift (NASDAQ: SFT), the online used-car retailer, began trading publicly on the Nasdaq this morning. The company went public via a reverse merger with Insurance... Ben Salisbury | October 13, 2020 | Automotive, Auto E-commerce
Leading British auto vertical Auto Trader has launched two new products to provide extra options for dealers. Top Spot is a premium product that lets retailers... AIM Group | October 06, 2020 | Automotive, Auto E-commerce
South Africa-based auto site Cars.co.za has introduced a trade-in tool that lets users exchange vehicles with dealers in the marketplace's network. The move marks... Davide Rasconi | October 05, 2020 | Automotive, Auto E-commerce
Italian automotive portal Automobile.it has launched a chatbot feature called Guido. Automobile.it is part of the EBay Classifieds Group, which Adevinta recently... Greg Spencer | October 01, 2020 | Automotive, Auto E-commerce
The early months of the pandemic were devastating for the automotive industry. But during that same period, an engineer at Cox Automotive found a way to turn lead... Ben Salisbury | October 01, 2020 | Automotive, Auto E-commerce, Financials / Deals
The leading digital dealer in the U.K., Cazoo, has more than doubled its total funding after raising £240 million ($309 million U.S.) from global technology... Greg Spencer | September 30, 2020 | Automotive, Auto E-commerce, Financials / Deals
Online used-car dealer Carvana has announced it received a $1 billion increase in loan guarantee commitments from Ally Financial. That brings the total number of... Ben Salisbury | September 29, 2020 | Automotive, Auto E-commerce
BCA, the U.K.-based vehicle remarketing company, will launch a new digital sales channel for dealers next month. ‘Retail Ready’ will offer inspected vehicles,... Greg Spencer | September 25, 2020 | Automotive, Auto E-commerce
TrueCar is rolling out new digital retail tools for dealers, including payment and trade-in calculators. It began offering the tools this week to franchise dealer... Jacopo Natali | September 22, 2020 | Automotive, Auto E-commerce
Carsome, an auto marketplace operating in Southeast Asia, is now collaborating with Shopee in Malaysia to offer used cars for sale. The listed vehicles are Carsome... Greg Spencer | September 22, 2020 | Automotive, Auto E-commerce
Facebook has rolled out a new ad product that it says will make car listings more effective by keeping shoppers on Facebook rather than driving them to... Tariq Ahmed Saeedi | September 21, 2020 | Automotive, Auto E-commerce
Japanese autos marketplace CarSensor.net, owned by Indeed’s owner Recruit Holdings, has seen customers quickly transition to digital-only sales after the... Ben Salisbury | September 21, 2020 | Automotive, Auto E-commerce
Santander Consumer Finance plans to launch a b-to-c automotive marketplace for dealers in the U.K. The marketplace, called Your Red Car, is slated to go online in... Lucy Barnard | September 18, 2020 | Automotive, Auto E-commerce
SellAnyCar.com, the U.A.E.-based used car portal, has launched a used car portal in Saudi Arabia as part of its expansion into the country. Kayishha, which is... AIM Group | September 16, 2020 | Auto E-commerce, Financials / Deals
SpotAWheel, a digital auto dealer operating in Poland and Greece, has snagged €10 million ($11.9 million U.S.) in debt and equity funding. The round was led by... Ben Salisbury | September 16, 2020 | Automotive, Auto E-commerce
Auto Trader, the leading U.K.-based automotive vertical, has launched an insurance comparison product called Quick Quote. The product is the result of a deal with... Léo Siqueira | September 02, 2020 | Automotive, Auto E-commerce
OLX Autos, the automotive vertical business of Prosus and Frontier Car Group (FCG), has launched in Mexico and several other South American countries. OLX Autos is... Lucy Barnard | August 31, 2020 | Automotive, Auto E-commerce
Used car marketplace Dubicars is hoping to increase its market share and margins with its new online export business. The service, which launched in June, connects... Jacopo Natali | August 28, 2020 | Automotive, Auto E-commerce
Carsome, the used-car marketplace in Southeast Asia, announced this week that it had expanded into b-to-c sales. The vertical, which is currently active in... Lucy Barnard | August 27, 2020 | Automotive, Auto E-commerce, Financials / Deals
Dubai-based used car marketplace CarSwitch.com has secured an additional $7 million U.S. in Series A funding, the AIM Group has learned. The round was completed in... AIM Group | August 25, 2020 | Automotive, Auto E-commerce
In Austria, AutoScout24 has introduced several new features to facilitate the transition to digital retailing. The effort seems to have paid off — used-car... Ben Salisbury | August 25, 2020 | Automotive, Auto E-commerce
Manheim, the vehicle remarketing platform owned by Cox Automotive Group, has agreed a three-year extension to its vehicle disposal deal with Marshall Motor Group.... Ben Salisbury | August 25, 2020 | Automotive, Auto E-commerce
British vehicle remarketing company BCA has introduced a click-and-collect service for users buying vehicles at auction. The service allows customers who buy a car... Greg Spencer | August 14, 2020 | Automotive, Auto E-commerce
Carvana, the publicly-traded digital used-car dealer, has quietly, almost secretly, been expanding into the “marketplace” business — offering other dealers’ cars... Greg Spencer | August 06, 2020 | Automotive, Auto E-commerce, Financials / Deals
Updated with share-price spike the day following the financial report Online used-car dealer Carvana got through the pandemic’s first wave with year-on-year... Greg Spencer | July 30, 2020 | Automotive, Auto E-commerce
Cox Automotive, the owner of Autotrader.com and Kelley Blue Book, laid off 1,600 employees in North America today. The cuts come just a month after the company... Tariq Ahmed Saeedi | July 23, 2020 | Automotive, Auto E-commerce, Financials / Deals
Used-car marketplace Carsome Malaysia has teamed up with CIMB Bank Berhad to offer digital financing to its dealer customers. Carsome and the bank co-developed the... Ben Salisbury | July 22, 2020 | Automotive, Auto E-commerce
Click2Trade, a b-to-b vehicle auction platform, has launched in the U.K. following a yearlong trial in the Netherlands under the name BAS. The platform is owned by... Jonah Kay | July 14, 2020 | Automotive, Auto E-commerce
Syarah.com, the leading auto vertical in Saudi Arabia, hit record sales numbers in June, partly due to increased adoption of its online car buying service, Syarah... Jonah Kay | July 10, 2020 | Automotive, Auto E-commerce
Carlist.my, the leading Malaysia-based auto marketplace, has launched a "book now pay later" service that lets buyers reserve a used car online and pay for it... 
