automotive

Acquisitions Fuel Growth Across Europe’s Used Vehicle Market

Acquisitions Fuel Growth Across Europe’s Used Vehicle Market
Acquisitions Fuel Growth Across Europe’s Used Vehicle Market
October 20, 2021  |  Partnerships

The used vehicle market is booming as competitors fight for a piece of the pie, valued at an estimated £500 billion (about $689 billion USD)...

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Blockchain and Smart Contracts Put Germany’s Auto Dealers on Financing Fast Track
Blockchain and Smart Contracts Put Germany’s Auto Dealers on Financing Fast Track
October 20, 2021  |  Blockchain

As the mobility sector continues its digital shift with a variety of vehicle sales platforms expanding capabilities — particularly into financing — the complexities of...

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That’s Not Just a Truck, it’s a ‘Rolling Data Center’
That’s Not Just a Truck, it’s a ‘Rolling Data Center’
October 18, 2021  |  Innovation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Cazoo Expands to Commercial Vehicles With Vans365 Acquisition
Cazoo Expands to Commercial Vehicles With Vans365 Acquisition
October 18, 2021  |  Retail

U.K.-based online used car seller Cazoo on Monday (Oct. 18) announced that it has agreed to acquire Vans365 in a move that expands the company’s...

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Car Rental Demand Prompts Hertz To Try Again For IPO
Car Rental Demand Prompts Hertz To Try Again For IPO
October 17, 2021  |  IPO

Car rental firm Hertz exited bankruptcy in June and filed new paperwork with the Securities and Exchange Commission (SEC) for an initial public offering (IPO)...

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Connected Car Weekly: ‘Eye-Opening’ Telematic Insights and Garage Door Control From Anywhere
Connected Car Weekly: ‘Eye-Opening’ Telematic Insights and Garage Door Control From Anywhere
October 15, 2021  |  Innovation

Like other tech enthusiasts, drivers are also now looking forward to receiving the latest feature or software update for their other connected device — their...

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Chip Shortage Forces Toyota to Scale Back Production
Chip Shortage Forces Toyota to Scale Back Production
October 15, 2021  |  Retail

Toyota Motor Corp. on Friday (Oct. 15) announced scheduled shutdowns of its Japan production plants in November from one to five days, blaming the ongoing...

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Automotive SaaS Firm MotorK Preps $173M IPO 
Automotive SaaS Firm MotorK Preps $173M IPO 
October 15, 2021  |  IPO

MotorK, an Italian Software-as-a-Service (SaaS) company serving car dealers, is preparing to go public with an initial public offering (IPO) that could value the firm...

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