This week on the Mobility Tech & Connectivity Show we are focused on the used car business. Kicking things off will be myself and Jay as we run through recent developments in the used car business, including an update on the Hertz bankruptcy (see below). Also…KAR posts $32M net loss in Q2, but CEO expected worse; KAR Global to buy BacklotCars for $425 million; Ohio approves tax credit for Carvana distribution center near Cleveland; Cherokee Media Group’s All-Digital Used Car Week Set for November
This week on the Mobility Tech & Connectivity Show, we discuss the impact of TikTok being banned in the US and the potential Microsoft buyout. We also take a deep dive with our Special Guest for the day – Steve Greenfield from Automotive Ventures, into how “Digital Retailing” (or Remote Retailing) players may benefit from the pandemic in the long-term. Plus, it’s Used Car Week on the show and we have a panel discussion lined up to look at the state of the used car business and key developments.