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  • ABG 167.33 +1.12 - +1.64%
  • AN 60.03 +0.14 - +0.25%
  • CACC 0.00 +7.90 - +5.77%
  • CAR 0.00 -0.73 - -1.31%
  • CARZ 37.52 +0.1596 - +0.44%
  • CPRT 39.50 +0.50 - +1.52%
  • CPSS 7.99 +0.04 - +0.57%
  • CRMT 45.73 +0.35 - +0.77%
  • DAI N/A - N/A
  • F 14.12 +0.04 - +0.29%
  • FIATY 0.00 0.00 - 0.00%
  • GM 31.58 +0.06 - +0.20%
  • HMC 33.18 -0.04 - -0.13%
  • HTZ 22.90 -0.69 - -3.09%
  • KAR 30.44 +0.05 - +0.17%
  • KMX 55.80 +0.80 - +1.46%
  • LAD 80.00 +0.67 - +0.90%
  • MZDAF 0.00 0.00 - 0.00%
  • NSANY 0.00 -0.01 - -0.06%
  • PAG 49.74 +0.61 - +1.39%
  • SAH 24.71 +0.23 - +0.94%
  • TM 118.25 +0.05 - +0.04%
  • TRAK 0.00 +1.29 - +2.90%
  • TSLA 244.00 +0.56 - +0.24%
  • TTM 46.78 -0.10 - -0.22%
  • VLKAY 0.00 +0.845 - +2.05%
  • VROM N/A - N/A

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Higher Used Sales Boost Penske Revenues
Ally Sees Strong Franchise Finance Performance
RDN Partners with LPR Firm
Chrysler Recalls Diesel Trucks

Used Car News | Home

CarWoo Gets Funding, Hires Execs

CarWoo announced the closing of a $6 million funding round, bringing total funding to more than $12 million.

With the funding, CarWoo is adding industry veterans Rudi Thun, formerly general manager of AOL Autos, and Phil Yeh, previously with Dealix.

CarWoo finalized the additional funding from investors InterWest Partners, Comcast Ventures, Blumberg Capital, Raymond Tonsing and others.  Having more than quadrupled its dealer network over the past year to over 11,000 dealers, CarWoo intends to use this round of funding to continue that level of growth with their consumers, to launch new products, to further develop the team and to cultivate strategic partnerships.


 

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