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Automotive February 2020

The cyclical downturn of the U.S. automotive industry continued in the latter half of 2019, with most major automakers struggling with sedan sales as the growing disparity between new and used vehicle average transaction prices further drove customers to choose used rides.

GA Global Partners to Conduct Auction of Venchurs Assets on November 14, 2019

“With over 800,000 square feet of facilities to be sold, there will be many buying opportunities – from automotive and job shop machinery, to an extensive assortment of brand-new product inventories,” said Paul Brown, Vice President of GA Global Partners. “This is a tremendous sale with something for everyone. Car collectors and enthusiasts will have a unique opportunity to bid on demo vehicles that have been featured on shows like Jay Leno’s GarageAdam Carolla’s Car Cast, and Discovery Channel’s Sons of Guns.”

Barneys New York to Begin Store Closing Sales Soon

Great American Group, a B. Riley Financial (NASDAQ:RILY) company, and Tiger Capital Group announced that store closing sales will soon begin at the five flagship Barneys New York stores and at Barneys Warehouse locations. Exclusive private sale events are being planned for Barneys’ most loyal customers, starting next week.

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