Automotive

Carsome Group appoints Vishnu Nambiar as CTO 
Vishnu Nambiar will drive Carsome’s next stage of transformation through leading the technology team and spearheading the strategy on deploying technology to address the automotive industry’s needs.  
Carsome invests in Indonesia car auction firm, PT Universal Collection 
Carsome marks its first investment in Southeast Asia in 2021 as it acquires a stake in PT Universal Collection (PT UC), a Jakarta-based offline car and motorcycle auction company. 
Auto maintenance app, Pomen clocks over 25,000 downloads 
Boost from Petronas AutoExpert workshops signing onto platform  A ScaleUp Malaysia investee, also received US$121.5k Cradle grant
Vectolabs partners Bateriku.com to provide IoT and machine learning-based automotive maintenance device
The IoT device is able to prompt car owners when a breakdown is imminent to help them avoid being stranded due to a car breakdown
eBay appoints Everpeaks Consulting as first Malaysian Channel Partner
The company will have access to specialised growth initiatives, system tools and managed services to scale managed clients beyond the normal growth cycle.
iCar Asia sees record revenue in first half of 2018
Revenue rises 12% from 1H17 to US$3,668,020.
iCar Asia records highest ever quarterly cash collection
An increase of 29% over the same period last year to US$2.37 million.
Montir raises Series A funding from East Ventures
Aims to become the top one-stop automotive service and spare parts platform in Indonesia.
Bosch opens first smart factory in Thailand
Expansion of the company’s manufacturing expertise in Southeast Asia.
iCar Asia appoints former iMoney exec Harry Antarakis as CMO
iCar Asia Ltd has appointed Harry Antarakis as chief marketing officer. He will be responsible for marketing strategy across all the group’s automotive websites in Malaysia, Thailand and Indonesia.
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