Chernin Group completed the $37m investment in Cars and Bids.

Chernin Group, an investment firm, completed the $37m investment in Cars and Bids, an online auction marketplace to buy and sell modern enthusiast cars. “It’s going to allow us to take Cars & Bids to the next level, let me refocus on making YouTube videos and get the help of a group of people who actually know what they’re doing,” Doug DeMuro, Cars and Bids Founder.