natalie pang
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Media
Carro enters Australia with CarPlace acquisition to bring better, transparent car buying and selling experience to Australians
Carro forms partnership with Autoleague, one of Australia’s largest automotive groups On top of strengthening digital capabilities to drive rapid…
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Step By Step Guides
What to Expect During Your VICOM or STA Car Inspection
If you've just received an LTA inspection notice in the mail, you're not alone in wondering what actually happens when…
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Buying A Car
Parallel Import vs Authorised Dealer: What Every Singapore Car Buyer Should Know
When you're buying a car in Singapore, the price tag is rarely the only number that matters. One decision that…
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Buying A Car
Is it better to buy a new car or used car when COE is high? Here’s how to decide
Thinking about buying a car in Singapore, but COE prices are giving you pause? You're not alone. With COE (Certificate…
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News & Announcements
Carro posts record revenues and gross profit for FY2025, closes US$60m strategic investment led by Cool Japan Fund
Best-ever revenues of S$1.2 billion (US$898 million), a 15% year-on-year growth Best-ever Gross Profit of S$149 million (US$111 million), a…
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Media
Carro and SY Holdings enter into strategic partnership to support Carro’s expansion with tech-driven financing solutions
Aaron Tan (L), Co-Founder and CEO of Carro, and Kenny Ng (R), Head of International Partnerships at SY Holdings Hong…
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News & Announcements
Carro receives strategic investment from Woori, capping off a record FY2024 with 11x year-over-year EBITDA growth
Strategic investment marks Woori Venture Partners’ first late-stage deal in Southeast Asia, to form a closer partnership as Carro ramps…
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News & Announcements
Carro first to tap into US$1 billion HSBC ASEAN Growth Fund
Carro signs a S$75 million multi-currency loan to fund its fintech arm, Genie Financial Services HSBC announced the launch of…
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News & Announcements
Carro opens two new branches in Kingkaew and Tiwanon, eyeing expansion plans off a profitable FY2023
Two latest additions put Carro’s total branches in Thailand to five, with existing branches in Suan Luang, Chonburi, Ayutthaya Carro’s …
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News & Announcements
Carro achieves best quarterly profitability since inception in Q1 FY2024
Gross Profit Margins rises to 14% Record EBITDA of US$11 million Run-rate EBITDA of over US$50 million Adjusted Net Profit…
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News & Announcements
Carro announces strategic investment into Driven Communications
Carro's investment includes a portfolio of websites, including paultan.org, carbase.my and oto.my Driven Communications to retain board of directors,…
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News & Announcements
Jardine Cycle & Carriage and Carro enter into strategic partnership to shape the future of automotive retailing
Combining the capabilities of an established regional automotive player and leading used car tech platform to win in the used…
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News & Announcements
Carro reports record EBITDA in FY2023 driven by strong recurring ecosystem ancillaries
Strong ~2x year-on-year revenue growth ~3x year-on year Gross Profit growth Gross Profit Margin (GPM) rose to ~9%, with final…
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News & Announcements
DRB-HICOM invests in Genie Malaysia, the fastest growing Malaysian auto fintech startup
EON, a wholly-owned subsidiary of DRB-HICOM, strategically invests in Genie Malaysia Genie Malaysia boasts an outstanding loan book of nearly…
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News & Announcements
Carro expands into Hong Kong, acquires Beyond Cars to accelerate footprint beyond Southeast Asia
Founded in 2016, Beyond Cars is one of Hong Kong’s leading used car platforms Beyond Cars’ co-founder and CEO Garry…
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Lifestyle & Car Tips
Plug-in hybrid vs hybrids: What’s the difference?
Hybrids have been in widespread use since the late 1990s when the Toyota Prius launched in 1997. Since then, two…
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Lifestyle & Car Tips
A brief history of hybrid cars
Hybrid cars, like its name suggests, are cars that run on petrol and electric power. The most common hybrid powertrain…
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News & Announcements
4 HDB estates to go ‘car-lite’ with more greenery and public transport connections
Ulu Pandan, Mount Pleasant, Tengah and the Keppel Club site are now designated as 'car-lite' zones, meaning parking spaces…
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News & Announcements
Carro drives into Japan through partnership with SoftBank
Singapore, 20 September 2022 – Southeast Asia's largest used car marketplace, Carro, has announced its expansion into Japan through a…
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Lifestyle & Car Tips
9 places to drive to in Malaysia
Itching for a holiday up north? We're with you! There are tons of places to drive to in Malaysia, and…
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