Latam Autos has recently announced they are partnering up with the SNG Group to begin providing "Motorfy Garantias" for warranties on used cars as a part of their Motorfy Cross Sell suite of products. This is an important development since the robust used car marker in Mexico, which sells around 6.4 million vehicles per year, often runs into quality control issues when selling vehicles. LAA's dealership network will distribute the Motorfy Cross Sell product or can be sold by itself. The new extended warranty program is apart of an expansion of Latam's Vehicle Transactions Marketplace. LAA's net revenue for the
XEPNG Motors recently announced they have fund raised $590 million in Series B+ round with the lead investors including Primavera Capital Group, Morningside Venture Capital, and XEPNG's CEO He Xiaopeng. Also previous shareholders continued to invest and new investors like Hillhouse Capital, K11 Investment, and Eastern Bell Venture Capital all joined in. This represents the biggest round of fund raising for the alternative energy car company so far this year. "We will adhere to the path of independent innovation tailored to the China market and Chinese driving habits. Autonomous driving and intelligent connectivity are the core competence of XPENG Motors. Only by continuously creating long-term value
A LivePerson company, Contact At Once!, recently just announced they are releasing their new messaging management app called CAO! Connect. This new application will allow dealerships to take control of the conversations for dealers and auto-makers with a lot of new features including contextual awareness and include their online retail within the conversation. The app can be contextually aware of conversations, find out where they are coming from, including 3rd party sites, social media, or auto manufacturer's websites. Inventory integration allows vehicle detail pages to appear in the conversation window, giving agents the ability to answer specific questions and
LeasePlan just recently announced the launch of CarNext.com, a used vehicle platform in the United Kingdom which will allow customers to begin purchasing, leasing, or financing their former fleet vehicles. LeasePlan already has their CarNext.com brand up and running in 15 other countries, and their expansion into the UK is apart of their 'What's Next' marketing campaign which was originally announced last year. Managing Director for LeasePlan in the UK, Matt Dyer, said: “We’re extremely proud to announce the launch of CarNext.com in the UK." “These days customers expect not just a car, but any car, anytime, anywhere, and this
Nissan is continuing to push more and more towards electric vehicles and transportation. Based out of Japan, Nissan thinks that electric cars can lead to a more economic and sustainable future. This is why Nissan Italia isn't ignoring the electric vehicle even when it comes to their rental services, for both businesses and individuals, by improving their partnership with Adduma Car, a startup that's completely focused on electric vehicle sharing that is entirely for tourism mobility called "Italy Green Tour". The tourism market is not only very important to Italy's economy, it also shows how environmentally focused and friendly the
Carro, a platform for purchasing and selling used vehicles, has begun to introduce itself into Indonesia after finding plenty of success in Singapore. Founder of Carro, Aditya Lesmana, recently told iNew.id that, "We managed to raise Series B funds amounting to Rp1 trillion at the end of last month and will be used to develop the marketplace in Indonesia." Promoting themselves by saying "Sell Your Car in 30 minutes", Carro allows consumers to sell their cars quickly through their portal. Carro also assists businesses who are trying to sell their cars as well, with no additional costs or fees.
HomeNet Automotive is planning to relaunch and re-brand themselves in hopes of better helping their partners and dealers to grow their internet based car merchandising businesses. "It's becoming increasingly important for dealers to showcase their online vehicle listings in the content-rich manner today's customers expect, and in the places where they shop," says John Hensman, VP, General Manager of HomeNet. "This means dealers need to take their online merchandising to the next level-with highly impactful and visible listings that include compelling photos, comments, pricing, and new technology like videos and 360-degree photos. That's where HomeNet comes in." Currently, HomeNet's platform
A driver-less vehicle developer, Drive.ai, has their own test car fleet located in Texas. They just recently put out an blog post running down the details covering how they process their data, how they visual it, and how they are utilizing deep-learning artificial intelligence to convert data quickly into useful information. Among the more interesting bits of information within their post is the sheer scale that Drive.ai works with. For a single hour that a self-driving vehicle is on the road, it'll take 800 man hours to go through the data collected before Drive.ai's programming can comprehend it all. This
Only seven months Joydrive has gone from just another startup with a single store and only 500 used cars to sell, to now over 50 dealerships and 12,000 cars in inventory. This has made Joydrive the nation's biggest online car marketplace and platform. Joydrive gets their inventory directory from specific dealers and sells both used and new vehicles. And it seems like Joydrive's growth won't be slowing down anytime soon and could become the country's biggest network of connected dealerships by the end of this years. Joydrive's CEO Hunter Gorham said, "We've built a marketplace that accomplishes two goals: 1.
Consumers who shop at Walmart and similar businesses around Phoenix, Arizona will soon get the chance to go to the store in an autonomous car. Google's self-driving car subsidiary company, Waymo, is partnering up with Walmart to begin a test program that will allow customers to ride in autonomous cars to help them get around town and shop. Customers who order their groceries through Walmart.com will receive discounts and, while their order is prepared, a self-driving car from Waymo will bring the consumer to the Walmart store located in Chandler, Arizona. Waymo will also be partnering up with Element Hotel,