(source: en.wikipedia.org)
In the automotive industry, Q2 2024 brought a blend of triumphs and trials for the major players. As traditional automakers and innovative disruptors alike navigate...
Ford has announced its revised strategy for its Oakville Assembly plant in Canada, originally slated for electric vehicle (EV) production. Instead, the facility will focus...
Online car marketplace Carvana has introduced new features for buying and selling electric vehicles (EVs). The company says its new streamlined process highlights vehicles qualifying...
Carvana reportedly expects that as more new vehicles are built, the company’s used car business will benefit. “There will likely be much more car production, and...
Online used car retailer Carvana reported “milestone” first quarter (Q1) results on Wednesday (May 1), fueling a 30% surge in its stock price. This strong performance...
Through the past several months, buying a car — used or new — has been, to put it mildly, out of reach. Inflation has run...
Online car retailer Carvana is tightening its lending standards in response to higher delinquency rates. The company is requiring higher down payments from customers and...
For online car platforms, the road to profitability has been volatile and oftentimes elusive. “Inventory’s been lumpy, aging and — in the age of (still)...
Technological solutions are driving cost reductions and higher customer satisfaction at Carvana. The used car retailer has seen results from its latest innovations and is continuing...