Cliff Banks - The Banks Report

DealerTrack Acquires Dealer.com — What the Deal Means

Editor’s note: We updated a couple of sections below — the updates are in italics. We stated that Dealer.com was number one in marketshare for websites. The Cobalt Group has an estimated 9,000 franchise dealer websites in North America, Dealer.com has 7,000.  We have several thoughts regarding DealerTrack’s acquisition of Dealer.com which was announced late…

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Cliff Banks - The Banks Report

Big Change in Cars.com’s Future?

October 2, 2013 — The next several months should be interesting for Cars.com. Sister Company for Sale Its owner, Classified Ventures LLC announced on September 3 that it retained investment banking firm Moelis & Co. to explore strategic alternatives — including a sale — for Apartments.com, Cars.com’s sister site. Also included with Apartmens.com are the… Continue Reading