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Elliott Management wants Scout24 to sell off car listings company, boost buyback

09 August 2019

Elliott Management also accused Scout24 Chief Executive Tobias Hartmann of showing a lack of ambition and urged his management team to take immediate remedial action.

LeaseCosts Canada purchases vroum.ca and boombo.ca

09 August 2019

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With this acquisition, LeaseCost aims to leverage the quality of its services while scaling its marketplace network. With this merger, it will improve the value that its network brings into the market.

Hero MotoCorp adds home delivery to their motorcycle retail platform

09 August 2019

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The home delivery service is one of the initiatives taken up by Hero MotoCorp to stay competitive. In-fact, it is the first initiative of its kind in the two-wheeler segment.

Zello, a shared transport company, starts up in South Africa

09 August 2019

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In South Africa, Zeelo has partnered with a number local of operators who supply the vehicles used to transport Zeelo passengers safely to their destination.

Cabify still operates in the streets of Rosario, Argentina

09 August 2019

Silvia Castro Betancourt

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Cabify continues its commitment as a mobility option for more than one million Rosario residents and continues to reinforce its purpose of offering a more efficient transportation alternative.

Spain: 'Tito' Alvarez leaves Taxi union position to lead new platform

09 August 2019

Silvia Castro Betancourt

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Alberto ‘Tito’ Álvarez, spokesman for the Elite Taxi union, is probably the most recognized face of the war that has been facing taxi drivers for months with the administration for the regulation of the VTC.

Ford teams with Droom to add better pricing into used car sales in India

08 August 2019

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Using OBV Pricing certification services will thus facilitate an objective and unbiased mechanism for the better-informed decision before the sale of a pre owned Ford car.

Intel's CEO looks back on the corporation's purchase of autonomous tech company, Mobileye

08 August 2019

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"We have invested $40 million in Israel over the years in research and development, in fabs, in Mobileye, and Intel Capital, and we'll continue to invest," Intel CEO Robert Swan said.

Cars24 is benefiting from used car sales increases, expects profit soon

08 August 2019

Michael Hunt

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As Cars24 has found success in recent years, car dealers are finding their overall sales inquiries falling. The auto market in India is witnessing new car sales going through an intense slowdown.