Automotive


Ping An tightens grip on Autohome, directors resign

Ping An tightens grip on Autohome, directors resign

On Febr. 22 Yun Chen Capital Cayman, an affiliate of Ping An Group, acquired about 6.5 percent of the total issued shares of Australia's Telstra Holdings. The move pushed Yun Chen Capital Cayman's beneficial shareholding in Autohome Inc. to about 53.9 percent.


Carview makes it easier for buyer/seller to negotiate

Carview makes it easier for buyer/seller to negotiate

Carview, a Japanese used-car classified jointly operated by Yahoo Japan Corporation, introduced a user-friendly desktop interface for auto buyers, to facilitate the flow of transactions and make negotiation hassle-free.


Beepi.com closes, but may be back

Beepi.com closes, but may be back

The managers of Beepi.com, a used-auto start-up in the Francisco Bay-area, confirmed a Techcrunch report (here) that the site had stopped operating after running out of cash, and before it could be sold to an interested party.


Guazi aims to be world’s No. 1 auto site in 2017

Guazi aims to be world’s No. 1 auto site in 2017

Guazi.com, China’s leading used-auto auto site, held its 2017 annual general meeting at the end of January. At the event, CEO Yang Haochong confirmed that the company had strong revenue growth in 2016, and announced Guazi aims to become the largest used-auto site in the world as measured by the number of transactions - still this year.


Careem contracts Pakwheels for car inspections

Careem contracts Pakwheels for car inspections

The recent appointment by Careem, a regional Pakistani ride-hailing service, of CarSure, the country's premier auto-inspection service, to handle the maintenance of its fleet of vehicles, was yet another feather in the cap of an auto-inspection service which is much respected locally.



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