automotive

Trade X Opens Kenyan Trading Corridor for Used Cars 
Trade X Opens Kenyan Trading Corridor for Used Cars 
December 01, 2022  |  B2B Payments

B2B cross-border automotive trading platform Trade X has opened a Kenyan trading corridor. This addition, which includes a shared bonded warehouse in Mombasa and an...

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BitPay Offers More Crypto Car-Buying Opportunities
BitPay Offers More Crypto Car-Buying Opportunities
November 30, 2022  |  Cryptocurrency

Luxury auto dealer Exclusive Automotive Group (EAG) has teamed with BitPay to accept cryptocurrency payments. The Virginia-based dealer — which calls itself the mid-Atlantic region’s...

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Autochek Expands Vehicle Financing Access in Africa With New Platform
Autochek Expands Vehicle Financing Access in Africa With New Platform
November 22, 2022  |  emea

South Africa’s car buying market will get more financing options, thanks to automotive technology company Autochek’s new service. In a Tuesday (Nov. 22) press release,...

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Growing Engagement and Offers Speed Omnichannel Future of ‘Car as Wallet’
Growing Engagement and Offers Speed Omnichannel Future of ‘Car as Wallet’
November 22, 2022  |  Connected Economy

Cars went from conveyances to expressions of individuality in the 20th century, and as the connected car trend builds in this century, they’re becoming a...

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TRADE X Expands Online B2B Auto Marketplace to Ghana
TRADE X Expands Online B2B Auto Marketplace to Ghana
November 21, 2022  |  Transportation

Ontario-based international automotive trading platform TRADE X announced on Monday (Nov. 21) that it has expanded its business-to-business (B2B) online vehicle marketplace into Ghana. With...

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Carvana Lays Off 1,500 Amid Big Tech Staff Reductions
Carvana Lays Off 1,500 Amid Big Tech Staff Reductions
November 18, 2022  |  Personnel

Carvana is making changes to its staff in response to a growing trend of Big Tech and eCommerce businesses reevaluating their revenues, as well as...

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Autonation Looks to Boost Digital Reach With Stake in TrueCar
Autonation Looks to Boost Digital Reach With Stake in TrueCar
November 15, 2022  |  Retail

Aiming to collaborate on the development of new digital tools, automotive retailer AutoNation has acquired a 6.1% minority ownership stake in automotive digital marketplace TrueCar....

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Kyte Raises $60M to Expand on-Demand Car Rental Offerings
Kyte Raises $60M to Expand on-Demand Car Rental Offerings
November 11, 2022  |  Investments

On-demand car rental startup Kyte has raised $60 million in Series B growth equity financing, which it will use to accelerate its product development, add...

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Trade X to Add Mexico to Cross-Border Automotive Trading Platform
Trade X to Add Mexico to Cross-Border Automotive Trading Platform
November 09, 2022  |  B2B Payments

Cross-border automotive trading platform Trade X has announced it will open a trade route in Mexico and allow that country’s dealers and fleet owners to...

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