“Used cars is one of the largest markets in value worldwide growing at a 5-7% rate annually,” Spotawheel's Co-Founder and CEO Charis Arvanitis said. “But it is operating still primarily offline in a notoriously non-transparent way.”
“Dealerships will remain central to the world of automotive retailing, but they will have to evolve as the one size fits all approach is fast becoming redundant,” said Nathan Coe, Auto Trader’s CEO-Designate.
Uber is one of the companies that won the approval of the Madrid City Council to offer electric scooters in the streets of the capital. The license will allow Uber to put into circulation a total of 566 units.
Cabify says they have "talked with all taxi associations, some are more receptive than others, but this offer is addressed to taxi drivers individually," said the founder and CEO of the company, Juan de Antonio.
Buyacar believes the overcharged is a result of the extra cost of optional add-ons and that at the end of the contract most financial schemes still charge the full amount for options divided into installment payments.