Autobytel Sells Off Specialty Finance Leads Product to Internet Brands

IRVINE, Calif. — Digital automotive services provider Autobytel Inc. last week completed the sale of its specialty finance leads product to Internet Brands Inc. In 2015, Autobytel’s specialty leads product generated $6.5 million in revenue with $0.5 million of contribution to operating income. For 2016, those numbers are expected to come in at $6.4 million ... Read More »

Toyota Confirms Sale of Part of Tesla Stake

Toyota Motor Corp. said Friday it has sold some of its stake in Tesla Motors Inc., days after German luxury car maker Daimler AG disclosed it had divested its Tesla shares for a sizable gain, reported The WSJ. The sale came “as part of our process of regularly reviewing our investment portfolio,” Toyota said in ... Read More »

Want the Sale? Bring the Energy