Saved Vehicles

[video] Used car retailer CarLotz goes public

October 27th, 2020 by

      Yahoo Finance’s Alexis Christoforous and Brian Sozzi discuss the online used car industry with Carlotz CEO and Co-founder Michael Bor.   Watch Interview    

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Another Car Disrupter Is Coming to Market. Here’s What Investors Need to Know.

October 23rd, 2020 by

Article by Barron’s Used-car dealership disrupter CarLotz is set to go public by merging with a special purpose acquisition company, or SPAC: Acamar Partners Acquisition. CarLotz is growing fast and, if its growth goals are hit, it will be mentioned by investors in the same breath as larger peers Carvana (ticker: CVNA) and Vroom (VRM). CarLotz will trade under the ticker LOTZ once the deal…

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[video] Michael Bor CEO At CarLotz On How The Company Compares To Other Auto Retailers

October 23rd, 2020 by

    CarLotz CEO Michael Bor outlines the company’s business model and expansion plans then discusses the benefits of becoming listed via SPAC with Nicole Petallides:   Watch Interview    

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[video] Used Car Consignment Retailer Carlotz Goes Public

October 22nd, 2020 by

    CarLotz, the industry’s only consignment-to-retail sales business model for used vehicles, is going public via SPAC, and will be listed on the NASDAQ under the ticker symbol ‘LOTZ.’ CEO Michael Bor talks about the listing and some of the factors contributing to CarLotz’s growth.   Watch interview with Michael Bor   Source: Cheddar…

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Richmond-based CarLotz to expand nationwide, trade on Nasdaq in $827M deal

October 22nd, 2020 by

    Article by Richmond-Times Dispatch Less than a decade ago, it was three guys and a lot in Chesterfield County. Soon, it should be a nearly billion-dollar operation with a nationwide footprint. CarLotz, the Richmond-based former startup that sells used vehicles on consignment and splits profits with the owners, has shifted into the fast…

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Investor Conference Call Webcast

October 22nd, 2020 by

Listen to webcast  

Posted in Investors

Investor Presentation

October 22nd, 2020 by

Investor Presentation (October 2020)

Posted in Investors

CarLotz, Inc., one of the Largest Privately-Held Used Vehicle Retail Disruptors with the Industry’s Only Consignment-to-Retail Sales Platform, to Become a Public Company

October 22nd, 2020 by

          Acamar Partners Acquisition Corp. (Nasdaq: ACAM) and CarLotz, Inc. Enter into a Definitive Business Combination Agreement Fidelity Management & Research Company LLC and other investors along with strategic partners including KAR Global (parent of ADESA and TradeRev), McLarty Diversified Holdings (founded by Franklin McLarty, former CEO of one of the…

Posted in Investors

The RVA 25: Announcing Richmond’s fastest-growing companies for 2020

October 8th, 2020 by

The RVA 25 is ranked by average annual revenue growth over the previous 3 years (2017-2019 for this edition).    View on Richmond BizSense     

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Carlotz Offers Unique Take on Used Car Play Beyond Pandemic

September 25th, 2020 by

Online used-car retailers like Vroom, Inc., Shift and Carvana Co. have thrived as the Covid-19 pandemic has sped up the adoption of e-commerce and the rejection of public transportation. Now Carlotz Inc., a privately held company that has seen exponential growth from its consignment model, may soon offer public investors a sui generis opportunity to…

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