Carvana

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

Source: en.wikipedia.org

Automakers Hike Discounts as Interest Rates Chase Buyers Away

Automakers Hike Discounts as Interest Rates Chase Buyers Away
Automakers Hike Discounts as Interest Rates Chase Buyers Away
April 02, 2023  |  Consumer Insights

Automakers are under increased pressure to discount their cars as higher borrowing costs make consumers nervous. Get the Full Story Complete the form to unlock...

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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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