Michael Hunt

MotoRefi raises new funds to bring its auto refinancing platform to more consumers

The company recently raised $8.6 million during a Series A round to help it grow into new markets.

19 February 2020

Kevin Bennett, CEO of MotoRefi, believes that auto loan debt is as big of a problem as student loan debt. However, most consumers don't realize they have the option to refinance their auto loans.

BMW invests in AutoFi in hopes of shifting how cars are sold

BMW is taking a fresh look into the car buying process as it recently announced it will be investing in AutoFi.

18 February 2020

Michael Hunt

No Comments

If a consumer purchases a car from a dealership then AutoFi offers financing products. If a consumer chooses to shop and buy online then AutoFi facilitates the sale.

PakWheels conducts another successful auto show

The auto shows are apart of PakWheels’ effort to promote its platform across Pakistan.

17 February 2020

Michael Hunt

No Comments

The Multan Autoshow 2020 saw PakWheels team up with DHA Multan, Mountain Dew, Careem, and others.

UAE insurance company Awnic launches website with salvage auction platform

Users can review, inspect, and bid on salvaged vehicles.

07 February 2020

Michael Hunt

No Comments

Even though online salvage auctions are pretty common for removing damaged cars, but this platform will be one of only a few to offer this service online.

GreenMobility launches in Austria and partners with car club and the city of Vienna

GreenMobility aims to enter Antwerp, Malmö, and Gothenburg, where it hopes to launch local operations.

05 February 2020

Michael Hunt

No Comments

Along with this new agreement, GreenMobility was recently approved to be an operator and was invited to be added to Vienna's public transportation platform, WienMobil.

GM prepares The Origin to be the ride-hailing car of the future

"It is not a product you can buy, but an experience you share," Cruise CEO Dan Ammann emphasized"It is not a product you can buy, but an experience you share," Cruise CEO Dan Ammann emphasized.

04 February 2020

Michael Hunt

No Comments

Cruise and GM's push is to not only create a new ride-hailing platform but to also develop a new vehicle for similar platforms is a significant development for the market.

Tesla has doubled its Mobile Service fleet to upgrade its customer service

Using its Mobile Services fleet, Tesla has managed to perform on-site repairs including collisions and minor repairs.

03 February 2020

Michael Hunt

No Comments

This division can fix paint scratches, small dents, on-bolt replacements, and damage to doors, mirrors, fenders, or bumpers.

Tesla announces $105 million profit during Q4, exciting investors

Tesla has yet to have a profitable year as 2019 finished with an overall loss of $862 million.

31 January 2020

Michael Hunt

No Comments

The company reports that it made $105 million net income during Q4 2019. Even though that's down from $143 million from the quarter before it, investors were excited and the company's stock rose 12%.

Zoomcar raises $30 million from Sony

The company aims to raise another $70 million during this funding round.

30 January 2020

Michael Hunt

No Comments

Zoomcar intends to use these new funds to help grow and improve its technology, data infrastructure, and updating the Internet of Things portion of its auto subscription platform.

GoJek and The Trade Desk partner to improve online advertising's impact on sales

The partnership will analyze online advertising's effect on offline sales.

29 January 2020

Michael Hunt

No Comments

Advertising technology is beginning to rely on different data points since major online advertising companies like Google and Apple have begun to remove cookies from web browsers.