Digital automotive platforms are adding features and cutting costs as they continue to cope with a challenging economic environment. CarGurus executives said Tuesday (Nov. 7) during a quarterly earnings call that the online platform for buying and selling vehicles has been making operational enhancements as it...
Berlin-based AUTO1 Group said on Thursday (July 30) it has raised $300 million from investors and plans to put the new funding toward developing its retail brand Autohero, Reuters reported. AUTO1 Group, a digital used car platform, said its new Autohero brand will sell secondhand...
SoftBank is looking to put distance between itself and Wirecard due to the German payments company’s ongoing scandal involving missing money and cooked books, The Wall Street Journal (WSJ) reported. The relationship between the two involves a $1 billion investment that SoftBank helped Wirecard arrange....
November 09, 2023
Digital automotive platforms are adding features and cutting costs as they continue to cope with a challenging economic environment. CarGurus executives said Tuesday (Nov. 7) during a quarterly earnings call that the online platform for buying and selling vehicles has been making operational enhancements as it aims to return to profitability in a wholesale environment that […]
July 30, 2020
Berlin-based AUTO1 Group said on Thursday (July 30) it has raised $300 million from investors and plans to put the new funding toward developing its retail brand Autohero, Reuters reported....
July 01, 2020
SoftBank is looking to put distance between itself and Wirecard due to the German payments company’s ongoing scandal involving missing money and cooked books, The Wall Street Journal (WSJ) reported....
