Carwow achieved its £2 million crowdfunding target less than 60 minutes after opening the 28-day offer allowing customers and car retail partners to claim a stake in the online start-up’s future.
Carwow has reported a £15.9m pre-tax loss for 2018 less than a week after it called for investment from car retail partners as part of a new crowdfunding initiative.
BCA displayed a Toyota Yaris in a giant shopping bag outside London's Kings Cross train station as the consumer marketing for its cinch online retail platform gathered pace.
Carwow is urging car retailers to “join their journey” by investing in the online car retail platform via a newly-launched crowdfunding scheme.
Carwow, the UK independent online car buying website, has attracted £25 million in investment led by Mercedes-Benz parent company Daimler, as part of a strategic round of funding.
Carwow has partnered with Cap HPI to provide manufacturers with in-depth data about how their models are performing in the eyes of buyers.
Former Zoopla commercial director Athena Hubble has been appointed as carwow’s first UK managing director as part of a trio of senior hires from the property wesbite, Deliveroo and Hearst.
Carwow has hired “leading figure in digital marketing and media” Charlotte Tice to become its first head of media partnerships
Carwow has celebrated hitting two million subscribers on its YouTube channel, following a record breaking eight months.
Carwow has responded to its recently acquired manufacturer partnerships with the appointment of Hasan Nergiz as director of OEM and Jon Davies head of OEM.
Carwow has created an online tool to predict car costs after no deal Brexit, which motorists fear will make vehicles more expensive.
Steve Young, managing director, ICDP, suggests that it may be time for the automotive world to consider different pricing models.
Carwow, Motorline and Autorama all came under the scrutiny of the Advertising Standards Authority (ASA) after complainants highlighted flawed claims about the savings they could achieve for motorists.
Carwow CEO Hames Hind on the rise of EVs and AI in motor retail and why he thinks direct sales are still some way off
Carwow has celebrated record growth on its YouTube channel as views reach 30 million in November, making it “bigger than Top Gear”.
Carwow has partnered with the Financial Times to champion women in the automotive industry with its first ‘Navigating a Male Dominated Industry’ seminar.
Carwow is launching its own industry awards, to recognise the best cars currently on sale.
One-in-three (28%) car buyers are looking for a plug-in hybrid option with 42% of millenials pledging to ‘go green’ by 2020, according to a carwow study of 2,034 motorists.
Sales of SUVs continue to grow at the expense of traditional family cars, according to the latest data from carwow.
Carwow has achieved a 17th-placed ranking in the Sunday Times Hiscox Tech Track 100 list of Britain’s top 100 private technology, media and telecoms companies with the fastest-growing sales.
