Used Car
South Korea’s booming used car exports cushion impact of US tariffs
The country exports most of the used cars that are sold to the Middle East, Central Asia and Russia
Carro raises US$60 million to tap Asia-Pacific demand for used Japanese cars; Cool Japan Fund leads funding
CEO of online car marketplace adds that more partnerships between it and Japanese automobile brands are coming to the region
US used car prices surge as tariffs drive market volatility
A GAUGE of US used vehicle prices sold at wholesale auctions that proved predictive ahead of the inflation surge following the Covid-19 pandemic is climbing again, last month notching its largest annu...
Carro aims to treble Ebitda to S$130m ahead of potential IPO
Automotive unicorn aims for a final round of funding this year with revenue up 15%, and gross profit more than 20% higher in FY2025
US tells owners to stop driving older Nissan vehicles over airbag concerns
Over the past decade, more than 100 million Takata airbag inflators have been recalled worldwide
Carsome waiting for ‘right timing’ for IPO; will launch sales of new EVs: CEO
[KUALA LUMPUR] E-commerce platform Carsome is waiting for the “right timing” to revive its dual-listing plans on the Nasdaq in the US and the Singapore Exchange, said chief executive officer Eric Chen...
Jardine C&C and Carro enter strategic partnership for used cars and aftersales
MAINBOARD-LISTED Jardine Cycle & Carriage (C&C) and used-car tech platform Carro announced a strategic partnership worth “over US$60 million” on Friday (Jun 16).
Dickson Group to debut physical live auction for used cars in Singapore
SINGAPORE automotive company Dickson Group announced on Friday (May 19) an in-person live auction system for used cars, which it says will give used car sellers a better price for their vehicles.
