#carspring

[triplessprings-blog]

Triple S Suspension - Triple S Car Spring - Triple S Die Springs - Mold Springs

[davidmss28]

I have place this car on our development list @mssautomotive just need the thumbs up from @william_at_mss then I am sorted for the winter 😏 #SUV #carsprings #lamborghini #lamborghiniurus #urus #suspension #supercars #love #cars #sunset #sunrise https://www.instagram.com/p/B4vlkd0pfhr/?igshid=fa1ti8prga5y

[moneyhealthfinance-blog]

Carspring, a London and Berlin startup that lets you buy a used car online, raises £5M Series B Carspring, the London and Berlin used car buying platform founded by Rocket Internet, has picked up £5 million in Series B funding.

[startupmag]

Used car buying site Carspring goes quiet after Rocket Internet pulls investment http://ift.tt/2yWE9zh

[un-enfant-immature]

Vroom nabs $146M from AutoNation, VCs for its used car marketplace

Vroom has raised $146 million in Series G funding, an expansion to a $30 million investment we reported in early September. U.S. automotive retailer AutoNation led the round for the startup, with participation from existing investors T. Rowe Price, L Catterton, General Catalyst and Fraser McCombs Capital.

The company declined to disclose the valuation, but says it was an up round. Vroom was valued at $440 million in 2016 with a $50 million financing, according to PitchBook.

Led by chief executive officer Paul Hennessy, the former CEO of Priceline.com, Vroom is an online platform for buying and selling refurbished, pre-owned cars. The company purchases used vehicles, then includes them in its online catalog, which currently lists just over 3,200 cars. Once it finds a buyer, it provides financing support through a number of lending partners, including CapitalOne and Ally, and delivers the vehicle directly to customers’ doorsteps in the U.S. To date, the company says it has sold 250,000 cars.

Founded in 2013, the company has raised $440 million in equity funding to date, but it hasn’t all been smooth sailing. Earlier this year, Vroom laid off roughly 30 percent of its staff after a futile attempt at building brick-and-mortar car dealerships. As a result, Vroom shut down its Dallas dealership, which was where most of the layoffs occurred, Hennessy said. Its Houston dealership is the only in-person effort still up and running.

“Clearly our investors were supportive of the strategic steps we took,” Hennessy told TechCrunch.

Since the layoffs, Vroom has been focused on building out its leadership team. Dave Jones, who spent over a decade at Penske Automotive Group, joined as the company’s chief financial officer; Mitch Berg, who was most recently the senior vice president of technology at dailymotion, was brought on as chief technology officer; and Dennis Looney, a veteran in supply chain management, was tapped as chief supply chain officer. 

The infusion of capital is necessary for the five-year-old business, which operates in a capital-intensive industry. Carvana, perhaps its largest competitor in the space, raised $300 million in equity funding and hundreds of millions in debt before going public in 2017. Auto1, a German car trading platform, has raised more than $1 billion, including a significant investment from SoftBank’s Vision Fund earlier this year.

Other digitally native vehicle retailers have fallen on hard times despite venture backing. British startups Hellocar and Carspring both shut down in 2017, and Beepi, a Silicon Valley peer-to-peer used car marketplace, brought in $150 million in VC backing before going out of business last year. Vroom acquired some of Beepi’s software as the company went under.

Vroom’s decision to halt the operations of its physical dealership looks to have satisfied investors, but whether it’s built a sustainable business that can operate without a consistent influx of VC support remains to be seen.

Waymo launches self-driving car service Waymo One

[covermediayahoopartnerde-blog]

Diese Autos würden die 'Game of Thrones'-Helden fahren

In der Fantasiewelt von George R.R. Martin gibt es keine Autos - aber was wäre wenn? Der britische Gebrauchtwagenhänderl Carspring, hat sich dazu ein paar Gedanken gemacht und auf Basis echter Modelle, die perfekten Vehikel für einzelen GoT-Charaktere kreiert.

BMW i8 Der BMW i8 sieht nicht nur bärenstark aus, sondern ist als Elektrowagen auch gefühlt schneller als der Wind. Vor allem ist er aber sicher wie ein Panzer, was ihn alle Angriffe schadlos überstehen lässt. Na, zu welchem GoT-Charakter gehört diese Auto wohl? (Foto: Carspring)

Petyr Baelish Das macht den Wagen perfekt für das Haus Arryn, denn der BMW i8 ist stark wie ein Falke - und genauso rücksichtslos wie Petyr Baelish, gespielt von Aidan Gillen. (Foto: ddp images)

Ford F-150 Raptor Der F-150 ist einer der stärksten Wagen auf dem Markt. Für 'Game of Thrones' ist er sogar stärker als stark: die Frontscheibe ist unkaputtbar, das Gehäuse wie ein Panzer. So ein Auto braucht man auch, wenn man jemandem wie Arya Stark standhalten muss. (Foto: Carspring)

Walder Frey und Familie Das Haus Frey muss Arya Stark unentwegt standhalten und würde sich deswegen für dieses Auto entscheiden. Der Tod von Walder Frey (gespielt von David Bradley) hat dieses Bedürfnis nach Sicherheit und Kraft noch verstärkt. (Foto: ddp images)

Greyjoy DS5 Der Greyjoy DS5 ist aerodynamisch, sieht mit den Zähnen bösartig aus und kann problemlos unter Wasser gefahren werden. Das macht ihn zum perfekten Auto für das Leben auf einer Insel. (Foto: Carspring)

Euron Graufreud Das Haus Graufreud braucht dieses Modell dringend, denn die Familie ist zerstritten und lebt in einem erbitterten Kampf gegeneinander. Ob Euron Graufreud (Pilou Asbeak) den Kampf im Greyjoy DS5 für sich entscheiden könnte? (Foto: ddp images)

BMW 3 Der 3er BMW in der GoT-Variante ist stark und schnell, sieht vor allem aber luxuriös aus, denn der Wagen verfügt über besonders große Reifen und ist komplett in Gold eingekleidet. (Foto: Carspring)

Tywin Lennister Charles Dance spielte das Oberhaupt des Hauses Lennister. Auch nach dessen Tod würde seine Familie nicht zögern, sich den goldenen 3er BMW zuzulegen. Denn das Haus Lennister ist reich und zeigt es auch gerne. (Foto: ddp images)

Peugeot 3008 Die Reifen sind riesig und mit Spikes ausgestattet, was den Wagen ideal macht, um im tiefsten Winter durch die Landschaft zu rasen - und der Winter könnte jeden Moment kommen. (Foto: Carspring)

Jon Schnee Keine Figur in der aktuellen Fernsehlandschaft wird so sehr mit einer Jahreszeit assoziiert wie Jon Schnee, gespielt von Kit Harington. Der wird den Peugeot 3008 also sicherlich brauchen - vor allem, wenn Bran Stark zurückkehrt … (Foto: ddp images)

BMW X5 Stark, dominant und bei Bedarf gewalttätig: Das ist der BMW X5, ein grimmiges Monstrum ganz in Schwarz, das ideal dafür ist, nach Westeros zu reisen, um die sieben Königreiche zurückzuerobern. (Foto: Carspring)

Daenerys Targaryen Ob Daenerys (gespielt von Emilia Clarke) mit Anhängern die sieben Königreiche wird erobern können, bleibt noch abzuwarten. Aber mit dem Ungetüm von einem Auto hat sie zumindest eine Chance. (Foto: ddp images)

)Vauxhall Adam Dieser Wagen sieht bescheidener aus, als er ist, denn der Vauxhall Adam ist bärenstark und extrem sportlich. Kein anderes Auto verdeutlicht geschlossenen Zusammenhalt so deutlich wie dieses. (Foto: Carspring)

Mace Tyrell Wie das Auto, so sieht auch das Haus Tyrell - angeführt von Mace Tyrell (gespielt von Roger Ashton-Griffiths) - unauffälliger aus, als es eigentlich ist. Denn unter der scheinbaren Bescheidenheit versteckt sich starke Durchsetzungskraft und viel Energie. (Foto: ddp images)

[dalepwithchari]

Carspring%2C%20a%20London%20and%20Berlin%20startup%20that%20lets%20you%20buy%20a%20used%20car%20online%2C%20raises%20%C2%A35M%20Series%26nbsp%3BB

Buy some great High Tech products from WithCharity.org #All Profits go to Charity

 Carspring, the London and Berlin used car buying platform founded by Rocket Internet, has picked up £5 million in Series B funding. Backing the round are Rocket Internet itself, along with Channel 4’s Commercial Growth Fund, which offers media in the form of TV advertising in return for equity. Read More [Read More …]

Carspring%2C%20a%20London%20and%20Berlin%20startup%20that%20lets%20you%20buy%20a%20used%20car%20online%2C%20raises%20%C2%A35M%20Series%26nbsp%3BB

[stiri-noi]

Cât costă o cursă de la aeroport până în centrul oraşului în capitalele europene. Bucureştiul este la coada clasamentului - Ziarul Financiar

[localbizlift]

Getting Brave With Testing and Triggered Automation

The pains of buying a used car need little introduction. There’s the trial of finding the right one, followed by the tribulations of haggling and financing, not to mention the worry that you’ll end up with a dud.

But Carspring, the United Kingdom’s first online pre-owned car dealership, promises to pair you with the perfect car without the inherent anxieties of vehicular speed-dating. The startup has automated a customer journey that’s designed to make the entire process as smooth as possible. And with rave reports on consumer-review sites, it’s clear that customers appreciate the commitment to communication.

Leaning into a learning curve

Last year on Valentine’s Day, Carspring sent out their first email campaign, and that was all it took to convince the business that email marketing could work for them. Selling cars online requires a lot of moving parts, but with an open rate of 31%, the team was intrigued.

“Looking back on it, it wasn’t the snazziest email ever, but it was really effective,” says Joe Newman, copy editor and email marketing manager. “We saw conversion rates on our sites around 3.8%, which is really good for us when you compare it to our other channels.”

Their open rates continue to skyrocket and are double that of the industry average, reaching 25% or higher.

The move also freed up a lot of manpower. “With MailChimp, email marketing doesn’t require development work,” says co-founder and chief marketing officer Peter Baumgart. “The creatives take control. The developers can focus on making our product better.”

Branching out into segmentation

While tinkering around with A/B testing, Carspring capitalized on a naturally occurring segment in the car industry: brand loyalty. “We see conversion rates as high as 10% on the site as a result of those,” Joe says.

Manual segmentation of a customer’s interest in car brands and a retargeting subject line like “[Name], still looking for a BMW?”, for example, worked well with customers who’d entered their interest on a dream car wish list form.

But they didn’t stop there. Everything from big-picture content to more granular details like From names was subject to relentless testing. “Be a bit brave with it,” Joe suggests. “Prepare yourself to occasionally fail.”

The team hasn’t dived into all the data yet, but they’re planning on more testing, including segmenting by other groups like price brackets, which is information that customers provide when submitting a finance application. In the future, Carspring plans to use MailChimp automation to send wish list emails to people who are looking for specific makes and models, too.

Pleased with MailChimp’s success so far, Carspring decided to migrate their transactional emails to MailChimp—and that unlocked a whole world of triggered automation, Peter says.

A great journey leads to great open rates

A customer’s journey through Carspring is so well-oiled, it’s easy to forget all the cogs that help it chug along. But from the moment a customer reserves a car, they instantly receive emails about where their purchase is in the rigorous preparation process. Being kept in the loop has yielded astronomical open rates, Joe says, with some reaching as high as 80%.

Down the line, Carspring hopes to use those engagement rates to cross-sell other products that are critical to car ownership, such as insurance packages. But making sure customers feel cared for remains a top priority.

As Peter sums it up: “This is only the beginning.”

[noodlezjpg]

Porsche💛

[davidmss28]

2017 winning, 2018 winning and 2019 still winning #carloweringsprings #a35amg #carsprings #suspension #sema #semashow #awards #winningseason #mbworldorg #audi #mercedesbenz https://www.instagram.com/p/B4nCLnlJ5wB/?igshid=lpxpj36xd4lj

[autoandcars-blog]

Car dealer bad credit

Other digitally native vehicle retailers have fallen on hard times despite venture backing. British startups Hellocar and Carspring both  shut down in 2017, and Beepi, a Silicon Valley peer-to-peer used car marketplace, brought in $150 million in VC backing before going out of business last year. Vroom acquired some of Beepi’s  software as the company went under.

room’s decision to halt the operations of its physical dealership looks to have satisfied investors, but whether it’s built a sustainable business that can operate without a consistent influx of VC support remains to be seen.

People hit by a file at the Banque de France, whether it be an FCC or a FICP, have, of course, an incredible difficulty in financing their car, their means of transport, which however is not really a "far-fetched" expense . It is often an investment that will allow you to find work! So how do you get a car if you are prohibited from banking?

A car loan is often a heavy investment. A new car, even with the current super competitive prices, always used car dealerships no credit  costs at least 7000 euros new. We are talking about cars like the Dacia Sandero or the Fiat Panda. It is still a large sum, most people use credit. Suffice to say right away: 7000 euros on credit if is FICP (banking prohibited), it's no. Unless you put your home as a guarantee, since the car itself cannot be used as a guarantee (a car depreciates very quickly, you just have to see the difference between a new car and a car that is already 3 years old).

[voucherstree]

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[startupmag]

Carspring, a London and Berlin startup that lets you buy a used car online, raises £5M Series B http://ift.tt/2vizM2Z

[patentanwalt-reinert]

+++ Wie bereits Ende Februar exklusiv in unserem Podcast Startup-Insider berichtet, brütet Rocket Internet wieder Startups aus. Nun können wir auch – ebenfalls exklusiv – über eines der ersten neuen Startups aus diesem Programm berichten. In Großbritannien startete Rocket Internet das Startup franksmile. Die Jungfirma, an der Rocket derzeit 100 % hält, kümmert sich um unsichtbare kosmetische Zahnschienen – sogenannte Aligner. Auf das Trendthema setzt in Berlin unter anderem auch Sunshine Smile. Hinter dem Startup stecken Peter Baumgart (Carspring), Constantin Bisanz (brands4friends), Lukas Brosseder und David Khalil (beide eDarling). Lakestar und Co. investierten schon mehr als 10 Millionen in Sunshine Smile. Zumindest in Deutschland will franksmile nicht aktiv werden, dafür soll das Startup alle anderen europäischen Märkte bearbeiten. Hintergründe zum Thema gibt es im aktuellen ds-Podcast. Startup-Insider #33– Unser #Podcast der Woche Abonnieren: Die Podcasts von deutsche-startups.de könnt ihr ganz leicht bei SoundCloud abonnieren und abspielen. Ansonsten bei Spotify und iTunes zuhören. Startup-Jobs: Auf der Suche nach einer neuen Herausforderung? In der unserer Jobbörse findet Ihr Stellenanzeigen von Startups und Unternehmen. Foto (oben): Shutterstock

[fmservers]

Vroom nabs $146M from AutoNation, VCs for its used car marketplace

Vroom has raised $146 million in Series G funding, an expansion to a $30 million investment we reported in early September. U.S. automotive retailer AutoNation led the round for the startup, with participation from existing investors T. Rowe Price, L Catterton, General Catalyst and Fraser McCombs Capital.

The company declined to disclose the valuation, but says it was an up round. Vroom was valued at $440 million in 2016 with a $50 million financing, according to PitchBook.

Led by chief executive officer Paul Hennessy, the former CEO of Priceline.com, Vroom is an online platform for buying and selling refurbished, pre-owned cars. The company purchases used vehicles, then includes them in its online catalog, which currently lists just over 3,200 cars. Once it finds a buyer, it provides financing support through a number of lending partners, including CapitalOne and Ally, and delivers the vehicle directly to customers’ doorsteps in the U.S. To date, the company says it has sold 250,000 cars.

Founded in 2013, the company has raised $440 million in equity funding to date, but it hasn’t all been smooth sailing. Earlier this year, Vroom laid off roughly 30 percent of its staff after a futile attempt at building brick-and-mortar car dealerships. As a result, Vroom shut down its Dallas dealership, which was where most of the layoffs occurred, Hennessy said. Its Houston dealership is the only in-person effort still up and running.

“Clearly our investors were supportive of the strategic steps we took,” Hennessy told TechCrunch.

Since the layoffs, Vroom has been focused on building out its leadership team. Dave Jones, who spent over a decade at Penske Automotive Group, joined as the company’s chief financial officer; Mitch Berg, who was most recently the senior vice president of technology at dailymotion, was brought on as chief technology officer; and Dennis Looney, a veteran in supply chain management, was tapped as chief supply chain officer. 

The infusion of capital is necessary for the five-year-old business, which operates in a capital-intensive industry. Carvana, perhaps its largest competitor in the space, raised $300 million in equity funding and hundreds of millions in debt before going public in 2017. Auto1, a German car trading platform, has raised more than $1 billion, including a significant investment from SoftBank’s Vision Fund earlier this year.

Other digitally native vehicle retailers have fallen on hard times despite venture backing. British startups Hellocar and Carspring both shut down in 2017, and Beepi, a Silicon Valley peer-to-peer used car marketplace, brought in $150 million in VC backing before going out of business last year. Vroom acquired some of Beepi’s software as the company went under.

Vroom’s decision to halt the operations of its physical dealership looks to have satisfied investors, but whether it’s built a sustainable business that can operate without a consistent influx of VC support remains to be seen.

Waymo launches self-driving car service Waymo One

Via Kate Clark https://techcrunch.com