Category: Car Sales

KUALA LUMPUR, 17 SEPTEMBER 2020: Southeast Asia’s largest online used car trading platform,Carsome[1] entered the e-commerce space to sell used cars online through a collaboration with Malaysia’s no. 1 e-commerce platform, Shopee[2]. Consumers are now able to purchase an exclusive premium selection of used cars on Shopee’s platform. All listed cars, complete with car specification details and multi-angled photos, are...

U.S. Department of Transportation Announces Expansion of AV TEST Initiative [1] Washington, DC January 11, 2021 NHTSA Seeks Comment on Cybersecurity Best Practices for the Safety of Modern Vehicles[2] Washington, DC January 8, 2021 NHTSA Announces Consent Order with Daimler Trucks North America[3] Includes a total civil penalty of $30 million Washington, DC December 31, 2020 U.S. Department of Transportation...

A car is car, right? Not if you’re Lynk & Co, the upmarket brand from Chinese owned holding Group Geely, who according to a recent press release, described their vehicle as “the new global mobility brand, addressing the needs and preferences of the connected generation”. Before you sneer at such idealistic brand claims, it’s worth taking a step back to...

Solutions Strategy Drives Expected Quarter-Over-Quarter Growth in Dealer Customers and ARPD CHICAGO, Oct. 14, 2020 /PRNewswire/ — Cars.com Inc.[1] (NYSE: CARS) (“CARS”), a leading digital marketplace and solutions provider for the automotive industry, announced strong business momentum in its preliminary results for the third quarter of 2020. Based on preliminary information, CARS expects third quarter revenue of approximately $142 to...