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...
Carvana made progress in reducing expenses and improving efficiency during the third quarter, leading to record third-quarter levels of adjusted EBITDA and gross profit per unit...
For the third time this month, Carvana is expanding its same-day delivery program. The online car seller announced in a news release Thursday (Aug. 30) that it would begin...
For the online car platforms, the path towards profitability is a bumpy one … … and the macro pressures are hardly in the rearview mirror....
There are plenty of bumps in the road for auto sales. Inventory is improving but is still constrained, and inflation continues to keep car prices...
Considering that the Egyptian pound has lost nearly a quarter of its value against the greenback since the beginning of 2022, while the country’s car...
Investors’ tendency to slash the valuations of unprofitable businesses when the macroeconomic winds aren’t blowing their way is understandable. But for companies that are feeling...
Online car dealer Carvana will be laying off 12% of its workforce after closing a deal to expand operations, a report from The Wall Street...
Berlin-based AUTO1 Group said on Thursday (July 30) it has raised $300 million from investors and plans to put the new funding toward developing its...