Carvana

Carvana is an online used car retailer and technology business based in Tempe, Arizona.

Source: en.wikipedia.org

Carvana Says Used Cars Sales Will Drop Again in Q1
Carvana Says Used Cars Sales Will Drop Again in Q1
February 24, 2023  |  Earnings

After a crushing Q4 in which the country’s second-largest seller of used cars saw its unit sales and revenue drop more than 20%, Carvana said...

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Used Car Sector Faces ‘Challenging Year’ as Consumers Cut Spending
Used Car Sector Faces ‘Challenging Year’ as Consumers Cut Spending
January 31, 2023  |  Economy

Inflation and an uptick in new vehicle production have dampened the market for used cars. Get the Full Story Complete the form to unlock this...

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Carvana Cuts More Jobs After Eliminating 4K in 2022
Carvana Cuts More Jobs After Eliminating 4K in 2022
January 13, 2023  |  Retail

Carvana is reportedly cutting more staff as the used car market continues to downshift. Get the Full Story Complete the form to unlock this article...

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Car Dealers Pessimistic as Consumers Cut Big-Ticket Spending
Car Dealers Pessimistic as Consumers Cut Big-Ticket Spending
December 08, 2022  |  Economy

Car dealers are closing 2022 in a gloomy mood as U.S. consumers shun big-ticket purchases. Get the Full Story Complete the form to unlock this...

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Carvana Runs Out of Gas
Carvana Runs Out of Gas
December 07, 2022  |  Earnings

Whatever happens, Carvana’s downward spiral shows there’s no easy path to forging the connected economy. Get the Full Story Complete the form to unlock this...

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Carvana Lays Off 1,500 Amid Big Tech Staff Reductions
Carvana Lays Off 1,500 Amid Big Tech Staff Reductions
November 18, 2022  |  Personnel

Carvana is making changes to its staff in response to a growing trend of Big Tech and eCommerce businesses reevaluating their revenues, as well as...

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Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
November 08, 2022  |  eCommerce

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Carvana Expects Used Car Industry to Remain Challenging in 2023
Carvana Expects Used Car Industry to Remain Challenging in 2023
November 03, 2022  |  eCommerce

Used car eCommerce platform Carvana said it expects the industry will face headwinds well into 2023, saying it plans continued cost-cutting measures to counter them....

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Today in Retail: TikTok Dumps Livestream Shopping Expansion Plans; Amazon Part of UK Antitrust Probe Because of Sales Practices
Today in Retail: TikTok Dumps Livestream Shopping Expansion Plans; Amazon Part of UK Antitrust Probe...
July 06, 2022  |  Retail

Today in retail, retailers look to diversify their suppliers as a recession looms on the economic horizon, while Target kicks off its back-to-school shopping season...

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