car sales

Auto Tech Firm Keyloop Snaps up SaaS FISC to Optimize New Car Sales
Auto Tech Firm Keyloop Snaps up SaaS FISC to Optimize New Car Sales
September 29, 2021  |  Partnerships / Acquisitions

Motor vehicle technology firm Keyloop is finalizing a deal to acquire the software-as-a-service (SaaS) company FISC to drive new car sale optimization for dealers, financiers...

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UK Online Car Retailer Cazoo Projects $1B in Revenue by the End of 2021
UK Online Car Retailer Cazoo Projects $1B in Revenue by the End of 2021
September 28, 2021  |  Earnings

Cazoo Holdings, a U.K.-based online seller of used cars, announced strong performance for its first-half 2021 financial results on Tuesday (Sept. 28), registering a 521%...

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Volkswagen Seeks Collaborations With Carmakers on Software
Volkswagen Seeks Collaborations With Carmakers on Software
September 10, 2021  |  Partnerships / Acquisitions

Volkswagen (VW) expressed interest in partnering with other carmakers to share platforms and develop software, VW CEO Herbert Diess told the German news website Der...

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Porsche Extends Online Sales Tool To Include New Vehicle Inventory
Porsche Extends Online Sales Tool To Include New Vehicle Inventory
August 26, 2021  |  Retail

Gone are the days of trekking to the car dealership to pick out a Porsche sports car. The German auto manufacturer on Thursday (Aug. 26)...

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Heavy Traffic Is Good News For Auto Parts Retailers
Heavy Traffic Is Good News For Auto Parts Retailers
August 24, 2021  |  Retail

It’s hard to find a sector handling pandemic-era curves better than auto parts. In recent weeks and months, the nation’s top auto parts retailers continue...

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Canada Drives Says $100M Funding Will Drive Expansion
Canada Drives Says $100M Funding Will Drive Expansion
August 18, 2021  |  Investments

Canada’s largest online car shopping and delivery platform says it plans to expand with the help of $100 million in new funding. Canada Drives announced...

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Sonic Automotive Opens Las Vegas EchoPark Dealership
Sonic Automotive Opens Las Vegas EchoPark Dealership
August 17, 2021  |  Retail

Auto retailer Sonic Automotive, Inc. on Tuesday (Aug. 17) opened an EchoPark Automotive outpost in Las Vegas, continuing the expansion of the brand across the...

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Data Is The Oil For Revved-Up eCommerce Car Sales
Data Is The Oil For Revved-Up eCommerce Car Sales
August 12, 2021  |  Data

Data, they say, is the new oil. More specifically, data is the new oil that powers the engine behind eCommerce car sales. The recent spate of...

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Moove Nets $23M To Drive Higher Vehicle Ownership In Africa
Moove Nets $23M To Drive Higher Vehicle Ownership In Africa
August 09, 2021  |  Investments

Moove, an African FinTech company, on Monday (Aug. 9) announced that it has obtained $23 million in Series A funding to provide revenue-based vehicle financing...

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