Carvana said Wednesday (Oct. 29) that its eCommerce platform for buying and selling used cars enabled it to increase its units sold and its revenue at a time when other public retailers’ sales are flat. During the third quarter, the company achieved a 44% year-over-year...
AutoNation saw quarterly revenues rise as it navigated evolving tariff policies and consumer purchasing trends. While announcing a 7% uptick in revenues Thursday (Oct. 23), Mike Manley, the auto retailer’s CEO, said that the industry is gaining clarity on the lingering effects of trade disputes....
Tariff pressures are squeezing the retail and eCommerce sectors. What are the two behemoths dominating the space, Walmart and Amazon, doing in response? The answer, according to the news this week, is doubling down on technology to enhance operational efficiency and making calculated moves to...
Amazon plans to start helping dealers sell used cars as well as new ones, according to Fan Jin, director and general manager of Amazon Autos. Speaking on the Tuesday (March 18) episode of the Automotive News Daily Drive podcast, Jin said that adding used inventory for dealers is “really...
March 21, 2025
Tariff pressures are squeezing the retail and eCommerce sectors. What are the two behemoths dominating the space, Walmart and Amazon, doing in response? The answer, according to the news this week, is doubling down on technology to enhance operational efficiency and making calculated moves to capture new markets in the face of ongoing uncertainty. Artificial […]
November 05, 2025
European digital used car platform Auto1 is emphasizing convenience and selection following a record quarter. The company reported earnings Wednesday (Nov. 5) showing its retail segment Autohero delivering a record 27,000 units, up 42% year-over-year. Cars are going out faster as well, with the average delivery time falling 20% year over year, from 12 days […]
October 29, 2025
Carvana said Wednesday (Oct. 29) that its eCommerce platform for buying and selling used cars enabled it to increase its units sold and its revenue at a time when other...
October 23, 2025
AutoNation saw quarterly revenues rise as it navigated evolving tariff policies and consumer purchasing trends. While announcing a 7% uptick in revenues Thursday (Oct. 23), Mike Manley, the auto retailer’s...
March 19, 2025
Amazon plans to start helping dealers sell used cars as well as new ones, according to Fan Jin, director and general manager of Amazon Autos. Speaking on the Tuesday (March 18) episode of...