Tag Archives: used car marketplace

‘Car Vending Machines’ Startup Raised $160 Million

Three-year-old Carvana nabs new funds to expand its online used car marketplace. Phoenix-based Carvana, which debuted such machines last fall, said it has raised $160 million in new funding from unnamed investors. This brings the online used car marketplace’s total funding to $460 million. Three-year-old Carvana is one of several companies that provide a white-glove approach to buying or selling used

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USED CAR Dealers Hail New Measures aimed at Boosting Sales

Members of China’s used vehicle sector hailed the national guidelines issued by the State Council, China’s Cabinet, after an expansion was seen in the market in the first five months of the year. Industry insiders also called for the abolition of restrictions on reregistering used cars bought in other cities, a move they believe would further boost growth. Used-car sales

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