Venture Capital Post
Report: Auto shopping site Cars.com put up for sale
The auto shopping and research site Cars.com has been put on the sales block with a pricetag of $3 billion, according to a report. A group of newspaper publishers that jointly own the site, operating under the banner Classified Ventures, hope to cash ...
Cars.com's Owners Said to Work With Moelis on Sale of Website
Cars.com on the block
Cars.com's owners considering sale of Web site business, report says
Tesla's Direct-Sales Push Raises Auto Dealers' Hackles
These businesses are pressing lawsuits that would stop Tesla's showroom and a second in Cincinnati from letting people order customized Model S electric cars right from the factory. They argue that Tesla's direct sales violate state automotive ...
Additional GST on auto parts sale withdrawn
ISLAMABAD: Within days after Prime Minister Nawaz Sharif's meeting with the auto industry, the government has decided to withdraw two per cent general sales tax on sale of auto parts to automobile manufacturers, and to offer more incentives to the ...
International Business Times
Here Are The February 2014 'Big 8' US Auto Sales Numbers: GM, Ford, Chrysler ...
International Business Times
The unusually cold and stormy winter weather in much of the country is being blamed for the lackluster performance in new-auto sales since the start of the year. Big 8 inventory levels are high and incentives (what automakers spend on rebates and other ...
Big Auto Makers Post Weaker February Sales
Nissan passes Honda in February sales, Toyota falls
Storms Hit U.S. Auto Sales in February
Newspaper Consortium Seeks to Sell Cars.com for $3 Billion
Wall Street Journal
A group of newspaper publishers has put the cars.com online marketplace up for sale for as much as $3 billion, hoping to cash in on booming values for e-commerce sites, people familiar with the plans said. Moelis & Co., which is advising the Classified ...
Classified Ventures to sell Cars.com
Sources confirmed Monday that Classified Ventures has retained New York-based investment bank Moelis & Company LLC to assist with the sale of Cars.com. The Wall Street Journal reported Sunday that the online auto classifieds website may be priced as ...
Analysis: US car sales slowdown triggers discount war
Honda's U.S. arm has responded by maintaining an aggressive spending rate, with customer and dealer incentives up 300 percent from a year ago, according to auto analyst Joseph Spak of RBC Capital Markets. As part of a nationwide Presidents Day sale, ...
Euro brands post weak sales for February
AUDI. VW Group's upscale Audi brand barely eked out a 38th consecutive month of record sales in the U.S. -- beating last February's record by just 14 vehicles. Overall sales, thus, were about flat and came in at 10,881, cars and trucks. Big percentage ...
Field of thousands of classic car dreams for sale
Are you in the market for a hard-to-find, vintage car? Try an online auction site. Interested in a slightly larger quantity of vehicles? Say, 8,000 or so? Well, then L&L Classic Auto may have a deal for you. The Wendell, Idaho, salvage yard is selling ...
Winter storms put chill on car sales
Los Angeles Times
After falling 3% in January, auto sales were unchanged at about 1.2 million vehicles in February, unchanged from the same month a year earlier, according to Autodata Corp. The car companies blamed the weather and said sales will improve this month.
When is a good time to buy a car? Experts say now