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Posts Tagged ‘car sales’

Jiji raises $21M for its Africa online classifieds business

Pan-African digital classifieds company Jiji has raised $21 million in Series C and C-1 financing from six investors, led by Knuru Capital. The Nigeria based venture, co-founded by Ukrainian entrepreneur Vladimir Mnogoletniy, has an East to West presence that includes Ghana, Uganda, Tanzania, and Kenya. Buyers and sellers in those markets use Jiji to transact ...

Ford unveils lineup for Europe to outpace gas and diesel vehicle sales by 2022

Ford unveiled a range of hybrid vehicles Tuesday at the Frankfurt Motor Show as part of its plan to reach sales of 1 million electrified vehicles in Europe by the end of 2022. Ford introduced hybrid and plug-in hybrid versions of the Mondeo wagon, Puma compact crossover, Kuga (shown below) and Explorer SUVs, as well as ...

The future of car ownership: Cars-as-a-service

Car shoppers now have several new options to avoid long-term debt and commitments. Automakers and startups alike are increasingly offering services that give buyers new opportunities and greater flexibility around owning and using vehicles. Cars-as-a-Service In the first part of this feature, we explored the different startups attempting to change car buying. But not everyone ...

BMW says its running ahead of its electrification goals

At its NEXTGen event in Munich, BMW today announced that it is running ahead of schedule in its efforts to offer at least 25 electrified vehicles. Previously, the German luxury car manufacturer was shooting for 2025, but it now says that it will offer these 25 vehicles by 2023. As BMW’s Klaus Fröhlich stressed at ...

SoftBank’s Vision Fund invests $1.5B in Chinese second-hand car startup Chehaoduo

SoftBank’s Vision Fund is taking a bet on China’s auto market after it agreed to pour $1.5 billion into online car trading group Chehaoduo, which literally means “many cars” in Chinese. The Beijing-based company operates two main sites — peer-to-peer online marketplace Guazi for used vehicles, and Maodou, which retails new sedans through direct sales ...

EVs and online marketplaces thrive despite slump in Chinese car sales

China’s massive auto market hit the brakes last year as trade tensions and a softening economy dampened consumer confidence, but one segment soared on account of increasing internet *********** — used car sales. New passenger car sales fell to 23.7 million last year, representing a 4.1 year-over-year drop according to a new report by China’s Association of ...

Tesla breaks ground on Shanghai factory which will product Model 3 EVs for China

Tesla CEO Elon Musk has confirmed that the company’s first overseas factory in Shanghai will focus on producing Model 3 vehicles for the Chinese market only. Musk is currently in China to break ground on the new factory today, which is being developed in partnership with the Shanghai government — an ally that is likely to ...

China’s Didi restructures key units to improve safety following passenger deaths

China’s largest ride-hailing operator Didi Chuxing announced on Wednesday a major restructuring, which trails a series of tweaks to its core businesses following two separate passenger murders that happened in May and September. The reshuffle will see Didi — which owns Uber’s China business — knit three key platforms into a new overarching Ride-hailing Business Group ...

SUVs & Plug-In Electric Cars Registrations Up In California As Market Falls

08.23.2018 · Posted in Cars Articles, Other Vehicles Articles

Registrations of electric and plug-in hybrid cars together account for more than 6 percent of the state’s new car market The California car market is a perfect example of a split personality. For one, new registration of light trucks and SUVs (Sport Utility Vehicles) rose by 5.6 percent during the first half of 2018 – revealed ...

Fuel Productivity Continues Drive Mix Vehicle Product Sales

12.15.2012 · Posted in Gaming Articles

This will come just like hardly surprising this fuel efficiency can be a continuous consider new vehicle product sales. The economy may be gonna return to positive development however for several homes, the price remains with many different pressure and also the ongoing cost of driving is something most are attempting to control effectively. Recent ...

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