Friday, January 22, 2021
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tech company

Auto investors make bold moves with this week’s tech company...

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Welcome to the first edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an automotive technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. This weekly CBT News series recaps the week’s five most important actions and deals in automotive technology. U.S. stocks wrapped […]
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automotive retail

CBT automotive newscast: September 10, 2020

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Today's Featured Interview: Google's automotive retail head Lissette Gole, discusses meeting modern consumer demands Digital retailing has become a necessity for dealers in the midst...

KAR Global makes digital waves by acquiring BacklotCars

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KAR Global announced a definitive agreement to acquire BacklotCars Inc. According to a KAR Global, the deal is still subject to certain regulatory approvals and other customary closing conditions before it can be made official. The purchase price of the acquisition is totaled at $425 million with the pending transaction set to close year-end pending […]
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Steve Jordan

Steve Jordan Joins KAR Global After 7 Years as NIADA...

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Earlier this week, industry heavyweight KAR Global announced that auto retail veteran Steve Jordan would join their ranks this September as their executive vice president of dealer sales. As the former National Independent Automobile Dealers Association president, Steve joins us to discuss his transition and how he will lead KAR’s U.S. and Canadian dealer sales […]
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dhivya suryadevara

CBT Automotive Newscast: August 12, 2020

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Today’s Featured Interview: Midwest Dealer Jay Feldman Discusses Acquiring 4th Dealership with Actor Mark Wahlberg Strategic partnerships can create great opportunities for success. For Jay Feldman, CEO of Feldman Automotive, a partnership with actor and auto enthusiast Mark Wahlberg has opened new doors for his business. Jay joined CBT to talk about the recent dealerships […]
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CBT News Market Update

CBT News Market Update: KAR Global’s David Rymarz & LotLinx CEO...

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Recent CBT News MarketCenter powered by LotLinx data has found that the 2020 SAAR as of July 14, 2020, is 11,217,969 units, compared to...