Tag: carvana
Is having a wholesale profit a bad thing nowadays?
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the...
Carvana & CarMax’s ramped-up reconditioning operations make efficient & lean recon...
Nearly every dealer in the country is feeling the pinch on new and used vehicle inventories, with sellable inventory levels down as much as...
NCADA Pres. Robert Glaser discusses Carvana’s 180-day dealer license suspension
The North Carolina DMV has banned Carvana from selling vehicles in Wake County, where their Raleigh dealership is located. for 180 days. So what...
How car dealers can best position themselves to compete with retailers...
Online vehicle retailer Carvana continues to grow at a rapid pace and doubled its first-quarter revenue in 2021. While some dealers have underestimated the...
Carvana betting on online car sales with $500 million investment
The second-largest online auto retailer Carvana highlighted plans to invest another half-billion dollars into its business model. The massive investment comes after a very...
How digital retailing can help auto dealers compete with industry disruptors
After the events of 2020, dealers understand that modern retailing will involve much more technology and digital offerings to compete with industry disruptors like...
The importance of integrating new retail methods into future dealership strategies...
Today on CBT News, anchor Jim Fitzpatrick is joined by Doug Stephens, founder and CEO of The Retail Prophet. His company is one of...
How car dealers can serve customers in a modern retailing environment...
With the acceleration of digital retailing, car shoppers have drastically changed how they interact with the dealership. Industry expert Ron Frey, principal of RL...
Robust Q3 earnings and aggressive hiring for automakers signal industry resilience
Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
Electric vehicles make big waves in this week’s automotive tech headlines
Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
