Day: March 21, 2021

Longview car show brings together automotive aficionados after pandemic hiatus | Local News

Michael Black of Longview and his son, Connor, 10, walked through the rows of brightly colored classic and sports cars Saturday at Maude Cobb Convention and Activity Center.

“We’re interested in old cars and like looking at them,” Black said.

The father and son chatted with the owners, listening to stories from the people showing their labor of love project cars and trucks at the 44th annual LeTourneau University Automotive Society Car Show.

Society President Austin Barker said the stories about the vehicles as well as those who own and work on them are the best part of the show.

“That’s really what it’s all about is getting people out talking about their cars and sharing stories,” he said. “Yeah, the cars are nice, but some of them have a deep-rooted history.”

Barker pointed at a bright red and chrome Chevrolet truck.

“There’s a lot of sentimental value and a

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(SAII), Avis Budget Group, Inc. (NASDAQ:CAR) – Could Otonomo Be The Best SPAC Deal Of 2021? The Bear Cave Thinks So

Israel-based car data management company Otonomo is going public in a SPAC deal valuing the company at $1.4 billion. The Bear Cave, which normally tries to point out bad companies, shared three key reasons why Otonomo could be the best SPAC for 2021 despite low media exposure.

Large Opportunity: Research firm The Bear Cave believes the opportunity for connected car data is huge and still in the beginning stages. It says Otonomo, going public with Software Acquisition Group II (NASDAQ: SAII), has a large opportunity in the market.

“One opportunity is usage-based car insurance,” the research firm said. This could lead to consumers sharing their data and getting better rates from insurance companies.

Fleet management is mentioned as another area of opportunity within the connected car data market. Avis Budget (NASDAQ: CAR) is mentioned as both a customer of Otonomo and an investor.

Banks could offer more competitive

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