Vroom Today Gone Tomorrow
Have you noticed Vroom’s IPO? Both Vroom and Carvana are valued in the billions. Neither has made any money, nor by their own admission plan to for the foreseeable future. Remember the dot.com bubble ...
Published: June 12, 2020
|
Author: Bel Air Partners
Used Car Trends Looking Up
This year was supposed to set records for used car sales, but amid the pandemic, we’ve seen a historic collapse in vehicle sales. April 2020 saw an estimated 40 percent sales drop compared to April 20...
Published: June 12, 2020
|
Author: Bel Air Partners
Prices for Public Auto Retailers Bounce Back
After overreacting in late March, Wall Street may now again believe in traditional automotive retailing. This is an interesting contrast to Wall Street’s opinion in late March when public Blue-Sky val...
Published: May 28, 2020
|
Author: Bel Air Partners
Buy/Sell Truths During a Pandemic
These are the strangest times in Bel Air’s 22 years of existence. Horrible unemployment, fear of conducting the normal patterns of life and unpaid mortgage and rent payments at historic levels are jus...
Published: May 27, 2020
|
Author: Bel Air Partners