Tag: carvana
Carvana stock has decreased 97% in value so far in 2022
Carvana’s stock has been downgraded to perform from outperform on Tuesday after analysts said that near-term challenges for the used-car retailer were “unlikely to...
PennDOT suspends title and registration issuing at two Carvana locations
Two Carvana locations in Pennsylvania have been suspended from performing motor vehicle title, and registration actions after the commonwealth's transportation department found several violations.
The...
Carvana’s Q3 losses shed light on slowing used car demand
Carvana shares fell in extended trading after the company announced its third-quarter financial results were worse than expected and reflected a decline in nearly...
JPMorgan analysts upgrade Carvana from underweight to neutral
JPMorgan analyst Rajat Gupta upgraded shares of Carvana from underweight to neutral on Tuesday, remarking that investors have a better understanding of the risk...
Carvana weighs legal options after Judge denies TRO request against Michigan
A Michigan Court of Claims judge denied a request from Carvana to grant a temporary restraining order against Michigan Secretary of State Jocelyn Benson for suspending operations at...
How Jeff Wyler Automotive plans to use its innovative new retailing...
Jeff Wyler Automotive Family recently launched a 100% online car buying solution to compete directly with disruptors like Carvana and Vroom. Kevin Frye, the...
Carvana posts $439 M net loss for Q2, sales volume increases
Last Thursday, Carvana completed its second-quarter earnings call between the company, shareholders, and analysts to discuss performance and corporate activities. According to an official...
Agency model presses on in markets outside of the U.S. plus...
Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
A closer look at Carvana’s marketplace project and AutoNation’s new captive...
Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
Illinois Secretary of State revokes Carvana’s dealer license for the second...
For the second time in two months, the Illinois Secretary of State's office has revoked Carvana's dealer's license and banned the retailer from selling vehicles in...
