Google is restructuring its car buying tools, and part of the process means shutting down its Google Cars shopping service. Launched a little more than a year ago with expectations that it would disrupt the auto sales industry, other early commentary noted that some dealers Jonathon Ramsey
Acting as a middleman between potential car buyers and dealerships has become quite a lucrative business. "How lucrative," you ask? Well, a company called Cox Enterprises has just purchased a 25-percent stake in AutoTrader at a price of $1.8 billion. With the help of some simple maths, that works out to a rough value for the car-listing site of $7 billion. In most circles, that'd be called a "helluva lotta money."
Back in September, reports started rolling in that Amazon would get into the auto sales business after a promo for the Nissan Versa Note appeared on the online retailer's page. That link didn't actually sell a car, but instead acted as a referral service for potential customers, linking them up with dealers. A recent