Thursday, October 21, 2021
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AutoNation sells remaining ..Friday 5

Vroom reaches deal to purchase this financing company for $300M...

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Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. RoboTire First up this week, RoboTire has raised a $7.5 million dollar Series A round led by The Reinalt-Thomas Corporation, the […]
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AutoNation sells remaining ..Friday 5

Which automaker announced IPO plans? How much is Tekion actually...

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Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. Tekion First up this week is a huge deal in the dealer software space, as Tekion, a cloud-based automotive software provider, […]
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AutoNation sells remaining ..Friday 5

Toyota makes bold move toward ‘programmable cars’ and GM invests...

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Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. Aucto First up this week is one of last month’s Companies to Watch, and one of our AutoTech’s Got Talent contestants […]
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AutoNation sells remaining ..Friday 5

Salty Dot gets acquired by this auto dealership solutions company...

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Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. CDK Global & Salty Dot First up this week, big news from CDK Global, as they have entered into a definitive […]
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auto technicians

11 key processes every service advisor should be trained to...

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According to recent data from NADA, 2020 produced the highest net profit per retail dealership in automotive history. With record gross profit per retail unit on both new and used vehicles and record-high earning in F&I, fixed operations should be booming as well right? Well, in reality, that is not the case. On the latest […]
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AutoNation sells remaining ..Friday 5

Which AV software startup scored an investment from GM? AutoVerify...

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Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. AutoVerify First up, in the dealership software space this week, AutoVerify acquired AIM Experts, an advanced inventory merchandising solution provider, to […]
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AutoNation sells remaining ..Friday 5

JP Morgan enters alliance with this automaker and which digital...

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Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. Big news this week in the digital retailing space. CarNow CarNow has raised $30 million dollars from Battery Ventures. That follows […]
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AutoNation sells remaining ..Friday 5

Rivian files for IPO and Goldman Sachs expands automotive portfolio...

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Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. I had a chance to moderate a panel on electric vehicles at the International Automotive Remarketers Alliance conference last week in […]
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AutoNation sells remaining ..Friday 5

KAR Global announces acquisition of this company for $450M, and...

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Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. We kick off today’s show with big news today in the wholesale and remarketing space. CARWAVE ADESA parent KAR Global has […]
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NIADA

Gearing up for the 75th annual NIADA Convention and Expo with...

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Independent dealers across the country are gathering in San Antonio, Texas, next week for the 75th annual NIADA Convention and Expo. On today’s show,...