Tariffs could drive a demand shift to used vehicles. Carvana is trying to build a business that can operate in 'any environment,' its CFO said.
Carvana Co., a top retailer of used vehicles in the U.S., is testing new-vehicle sales at a Stellantis dealership it bought in its home state. Here are three things to know about it.
The addition of the California Subaru dealership strengthens Lithia’s presence in the region, Lithia CEO Bryan DeBoer said.
More than 20,000 consumers will receive checks stemming from the settlement with Vroom, the Federal Trade Commission said.
L.A. authorities charged a 25-year-old man in connection with a vehicle ramming incident at a CarMax dealership that was captured on video and circulated online.
Two of the eight people hurt in the store were taken to hospitals with critical injuries, local media reported.
Dealerships say customers aren't concerned yet about tariffs against Canada and Mexico.
Slimmer supply of an important cohort of used cars is likely to keep retail prices elevated in 2025. Tariffs could play a part in used-car pricing, too.
Automotive stock prices were negatively impacted by President Donald Trump's tariffs enacted March 4.
Carvana Co. purchased a Chrysler-Dodge-Jeep-Ram dealership in Casa Grande, Ariz., on Feb. 28.