Singapore, September 17: Carro, Asia Pacific's leading online car marketplace, has raised US$60 million in a round led by Cool Japan Fund (Japan's sovereign wealth fund), with participation from several new investors. This investment will go towards bolstering the demand of Japanese cars acr
Japanese cars could end up being sold at lower prices than South Korean cars such as Hyundai Motor Co. in the American market when U.S. tariffs on Japanese automobiles drop from 27.5 percent to 15 percent on Tuesday.