More than 12 years after startup Carvana sold its first used vehicle at the High Museum of Art, the company is dabbling in selling new vehicles to Atlanta area residents.

Carvana shares have climbed sharply since it reported a strong third quarter. It isn’t hyperbolic to say that Carvana Co. has modernized the used-car buying experience for the digital age. The online ...

Carvana’s strategies are gaining traction and disrupting the used car market, while CarMax’s established model helps maintain its competitive position. The used car market is experiencing a period of ...

Recent news from used car retailers Carvana and CarMax tells the story of two car industries in one. On the one hand, you have Carvana, the online retailer that allows you to buy or sell a vehicle ...

Forbes contributors publish independent expert analyses and insights. I cover the pervasive, yet little-understood auto industry. Nov 01, 2024, 02:36pm EDT Nov 04, 2024, 10:21am EST An eight story car ...

Carvana Co. is growing again. After scaling back sales volume in 2023 to focus on profitability initiatives, it is expected to return to sales of more than 400,000 used cars and trucks in 2024, ...

Carvana shares surged over 50% since mid-January, driven by rebounding used car sales and market dismissal of the Hindenburg short report. A renewed credit facility with Ally Bank and plateauing auto ...

Dealership are seeing sales and prices drop as consumers tighten their belts, putting financial pressure on companies, like Carvana, that grew fast in recent years. By Neal E. Boudette About a year ...

Carvana purchased ADESA’s auction business from KAR Global in 2022 for $2.2 billion. The Manville location will combine Carvana's reconditioning center with the existing ADESA wholesale auction ...

Despite a tough market, I remain bullish on Carvana due to its strong Q2 earnings, expanding market share, and robust profitability. Used car demand is surging, Carvana’s GPU is at record highs, and ...