Used Car NewsUsed Car News

  • ABG 55.03 +0.15 - +0.27%
  • AN 62.00 +1.16 - +2.15%
  • CACC 140.16 +1.37 - +0.99%
  • CAR 52.91 +0.555 - +1.07%
  • CARZ 0.00 -0.01 - -0.02%
  • CPRT 38.00 +0.41 - +1.14%
  • CPSS 8.16 +0.01 - +0.13%
  • CRMT 36.80 -0.28 - -0.76%
  • DAI N/A - N/A
  • F 16.56 -0.07 - -0.44%
  • FIATY 0.00 +0.21 - +1.76%
  • GM 34.45 +0.01 - +0.03%
  • HMC 34.50 -0.39 - -1.13%
  • HTZ 28.25 +0.70 - +2.56%
  • KAR 32.00 +0.09 - +0.30%
  • KMX 45.51 +0.63 - +1.44%
  • LAD 70.68 +0.85 - +1.26%
  • MZDAF 0.00 0.00 - 0.00%
  • NSANY 0.00 -0.12 - -0.67%
  • PAG 43.05 +0.34 - +0.80%
  • SAH 23.21 +0.19 - +0.83%
  • TM 149.00 -0.45 - -0.41%
  • TRAK 48.45 +1.05 - +2.42%
  • TSLA 199.55 -0.99 - -0.50%
  • TTM 37.52 +0.11 - +0.29%
  • VLKAY 0.00 +0.26 - +0.49%
  • VROM 0.00 0.00 - 0.00%

Featured News

Wholesale Prices Rise
Wholesale prices strengthened in March above both seasonal and year-ago levels. 

Of...

Read more

State Arrests Dealers for Failing to Pay Taxes
The state of Florida recently cracked down on several auto dealers for not paying their sales taxes....

Read more

PassTime Upgrades Devices
PassTime has introduced the Elite 3, the third version of its Elite platform of GPS tracking and aut...

Read more

Consumer Spending Index Remains Steady
The Deloitte Consumer Spending Index dropped half a point in March, but continues to indicate positi...

Read more

Wholesale Prices Rise
State Arrests Dealers for Failing to Pay Taxes...
PassTime Upgrades Devices
Consumer Spending Index Remains Steady

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.


 

Today's Other NewsNow Articles

Dealer, Staff Sentenced for Drug Charges

Salvage Chain Upgrades Online Offering

Nissan Recalls Sentras