Egypt is home to one of Africa’s largest vehicle fleets, with over 6 million cars (80% are passenger cars) on its roads. According to this finding, most are used cars; their ratio to new vehicles is
It was only in June that Motorway — a U.K. platform on which professional car dealers can bid in an auction for privately owned cars for sale — raised $67.7 million in a Series B round. It’s now
InstaCarro, a digital marketplace that connects used car sellers to dealers in Brazil, has raised $23 million in a Series B round of funding. Notably, U.S.-based firms co-led the investment, including
Motorway is a U.K. startup that allows professional car dealers to bid in an auction for privately owned cars for sale. The startup has had rapid success by removing a lot of friction in the process.
“I have to choose my words carefully,” says Joe Castelino of Stevens Creek Volkswagen in San Jose, California, when asked about the management software on which most car dealerships rely f
Few electric cars made a bigger splash than the new Porsche Taycan. As president and CEO of Porsche Cars North America, Klaus Zellmer has the tall order of bringing the electric sedan to America and s
Buying a car is painful. Dealerships are the worst, and the options are endless. The rise of the Internet produced powerful tools for shoppers, but in the end, most buyers still have to trudge down to
Cars are here to stay, whether they have drivers or not. Automakers can ensure their seat at the table by implementing strategies better suited for the digital age.
SoftBank’s Vision Fund is taking a bet on China’s auto market after it agreed to pour $1.5 billion into online car trading group Chehaoduo, which literally means “many cars” in
CarDekho, an online marketplace for car sales in India, has pulled in a new $110 million Series C funding round from a clutch of existing investors to push deeper into financial services and insurance
Cobra Kai never dies, and the resurgence of the rogue karate dojo in the upcoming YouTube Red original series reboot of The Karate Kid shows former sensei John Kreese was true to his mantra in the 198
Softbank's Vision Fund has made another investment: The Japanese conglomerate has agreed to invest €460M in Berlin-based online car dealer Auto1.
Another day another IPO(s). Due to the recent success of public offerings from companies like Yext, Okta and Snap it seems the time is now for startups to go public. And tomorrow we have two IPOs