Category: News Site

Auto marketplace CarDekho grabs $110M to double down on insurance and financial services

CarDekho, an online marketplace for car sales in India, has pulled in a new $110 million Series C funding round from a clutch of existing investors to push deeper into financial services and insurance. Sequoia India, Hillhouse and Alphabet’s CapitalG led the round which also saw participation from Axis Bank, one of CarDekho’s financing partners.… Continue reading Auto marketplace CarDekho grabs $110M to double down on insurance and financial services

Hendy buys Seward dealerships in Portsmouth and Havant

South coast automotive group Hendy has bought Hampshire based Seward Group for an undisclosed sum. Chief executive Paul Hendy said the purchase of the group, which has two dealerships in Portsmouth and Havant, was a strategic move for the company and consolidated Hendy’s strong position in the area. “The Portsmouth region is hugely important for… Continue reading Hendy buys Seward dealerships in Portsmouth and Havant

A Tesla owner used his Model X to prove he could ‘de-ICE’ any trucks that block Superchargers (TSLA)

De-ICE-ing is happening at more places than just airports. Last week, Business Insider reported on a spate of truck drivers parking in Tesla Supercharger spots and, in at least one case, harassing a Tesla owner. Other electric-vehicle drivers have come to call these incidents “ICE-ing,” an acronym for internal combustion engine. That spurred an idea… Continue reading A Tesla owner used his Model X to prove he could ‘de-ICE’ any trucks that block Superchargers (TSLA)

Pentagon completes acquisition of three TrustFord dealerships

Pentagon Motor Group has completed the acquisition of TrustFord dealerships in Warrington, St Helens and Runcorn to join the Ford franchise for the first time. The newly-acquired sites – including the flagship Warrington Ford Store – have now been rebranded as Pentagon Ford and became fully-operational under their new ownership this week. Pentagon’s operations that… Continue reading Pentagon completes acquisition of three TrustFord dealerships

Hendy Group continues to grow with Seward Group acquisition

Hendy Group has followed up expansion in its South coast home territory with the acquisition of Hampshire-based Seward Group. Chief executive Paul Hendy said the purchase of the group, which has two dealership locations in Portsmouth and Havant, was a strategic move for the company and consolidates Hendy’s strong position in the area. Seward Group… Continue reading Hendy Group continues to grow with Seward Group acquisition

Yesaway Opens 2 New Thailand Locations

Yesaway Car Rental is hoping to bring more tourism to the region, and customers can expect an array of vehicle options. Photo via Depositphotos.  As part of Yeasaway’s expansion strategy, the car rental company has opened new rental locations in Thailand’s Pattaya and Krabi, just by the airport.  Yesaway Car Rental is hoping to bring more tourism… Continue reading Yesaway Opens 2 New Thailand Locations