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Kavak Withdraws from Peru, Colombia: The Week in Automotive
By Héctor Soto - Thu, 11/09/2023 - 13:42
Kavak Bids farewell to the Peruvian and Colombian markets. This and more in the weekly roundup.

https://mexicobusiness.news/tag/kavak
More Automotive
Kavak to Cease Operations in Peru and Colombia in 2024
By Héctor Soto - Wed, 11/08/2023 - 17:14
Mexican unicorn Kavak plans to exit Peru and Colombia in 2024 and focus on faster-growing markets.

Kavak Receives US$810 Million Investment
By Rodrigo Andrade - Wed, 09/21/2022 - 09:18
Kavak seeks to gain a larger share of Mexico’s US$60 billion pre-owned vehicle market.

Union Battle Unfolds at GM Silao Plant
By Antonio Gozain - Wed, 02/02/2022 - 16:25
GM workers in Silao are voting to elect a new union, as SINTTIA aims to beat hegemonic CTM. Read this and more in your weekly roundup!
Kavak Continues Expanding in Brazil
By Alfonso Núñez - Tue, 02/01/2022 - 17:42
Through an expansion in Rio de Janeiro, Kavak has made Brazil its primary targeted market as the Mexican auto industry continues facing challenges.
OneCarNow! Wants You to Have a New Car
By Alfonso Núñez - Tue, 01/04/2022 - 17:19
The latest startup in the Mexican automotive market aims to simplify the process for acquiring a new vehicle through an all-inclusive renting option.
Mexico’s Second-Hand Vehicle Market Grew in 2021
By Antonio Gozain - Fri, 12/24/2021 - 12:52
OLX Autos and newcomer Odetta aim to compete with Mexican unicorn Kavak in the near future.
Mexican Second-Hand Vehicle Startups Continue Expanding
By Alfonso Núñez - Thu, 12/02/2021 - 15:15
Used vehicle online sales dominate the Mexican market while the semiconductor shortage continues.
Kavak Sponsors Mexico’s Journey to the 2022 World Cup
By Alfonso Núñez - Tue, 11/30/2021 - 15:59
The Mexican unicorn announced it will be sponsoring Mexico’s National Selection on its journey to the 2022 World Cup.
Kavak Doubles Its Value Thanks to Funds
By Alfonso Núñez - Fri, 10/22/2021 - 15:19
The used vehicle company has become Latin America’s second most valuable startup thanks to funds.