NewsNewsPolice Say Maserati That Carvana Sold for $68,000 Is Actually StolenCarvana claims that the company was finessed by criminals and that it had no idea the vehicle was stolen.ByLawrence HodgePublishedMarch 28, 2023Comments (15)
Car CultureThe Morning ShiftCar CultureThe Morning ShiftCarvana's Seeking a Way Out of Its Billions in DebtAlso, one in three Americans would consider an EV and battery makers are hoping sodium could one day ease lithium…ByAdam IsmailPublishedMarch 22, 2023Comments (37)
Car BuyingCar BuyingThis Easy Trick Can Help Weed Out Low-Ballers When Selling a Used CarWhen you list a car for sale on Craigslist or Facebook Marketplace, you run the risk of getting a ton of lousy…ByTom McParlandPublishedMarch 16, 2023Comments (71)
Car CultureThe Morning ShiftCar CultureThe Morning ShiftCarvana Lost More Than $800 Million in the Last Quarter of 2022Plus, Audi and VW's revived Scout building vehicles in the U.S., Hyundai's child labor problems, and of course, Elon…ByErik ShillingPublishedFebruary 24, 2023Comments (27)
Car CultureThe Morning ShiftCar CultureThe Morning ShiftStellantis Had a Record Year in 2022The home of Jeep, Ram, Alfa, and a bunch of other brands made a whopping $18 billion in net profit last year.ByAdam IsmailPublishedFebruary 22, 2023Comments (17)
NewsNewsThe Average Used-Car Loan Interest Rate Is Over 12 Percent and You People Are Stressing Me OutWe are not in the best of times when it comes to borrowing money to buy a used car.ByErik ShillingPublishedJanuary 30, 2023Comments (76)
Car CultureCar CultureCarvana Settles Dispute with Illinois After Its Dealer License Was Revoked TwiceIf Carvana slips up again, Illinois regulators can revoke the dealer's license for a third time.ByAndy KalmowitzPublishedJanuary 25, 2023Comments (5)
Car CultureQOTDCar CultureQOTDCarvana Takes a Poison Pill to Avoid a Hostile TakeoverPlus, Illinois car dealers win a court victory against direct-to-consumer vehicle sales, and BYD prepares to enter…ByAndy KalmowitzPublishedJanuary 18, 2023Comments (58)
NewsNewsCarvana Lays Off More Employees and Cuts Hours Even Though It's Definitely for Sure Not Going Out of BusinessThe company needs to save money as it struggles to make payments on its $7 billion in debt.ByCollin WoodardPublishedJanuary 13, 2023Comments (16)
NewsNewsDenver Stuck With a New but Empty Carvana Vending MachineAlthough Carvana still insists it plans to open the location eventually.ByCollin WoodardPublishedJanuary 12, 2023Comments (120)
NewsNewsCarvana Reaches Deal with Michigan That Leaves Its Dealership Without a License to Sell Cars (Update)Troubles continue for the online car retailer as the company’s brick-and-mortar dealership gives up its Michigan…ByLawrence HodgePublishedJanuary 11, 2023Comments (13)
Car CultureThe Morning ShiftCar CultureThe Morning ShiftOnline Used Car Dealers Will Be Unusually Quiet This Super BowlCarvana, CarMax, and Vroom will skip big game spots after making waves during the last few contests, as they reckon…ByAdam IsmailPublishedJanuary 10, 2023Comments (24)
Car CultureThe Morning ShiftCar CultureThe Morning ShiftCarMax's Dismal Quarter Means We've Reached a Used-Car Tipping PointThe used car retailer's net income sunk 86 percent during its fiscal third quarter, sending shares tumbling on…ByAdam IsmailPublishedDecember 22, 2022Comments (107)
QOTDQOTDThese Were Your Automotive Low Points of 2022From crashes to cancelled cars, these are the automotive low points you experienced in 2022.ByOwen BellwoodPublishedDecember 21, 2022Comments (1)
Car CultureYear in ReviewCar CultureYear in ReviewCarvana Had a Not So Great, Very Terrible YearIt’s been a busy year for the online car dealer, which dominated the headlines in 2022.ByOwen BellwoodPublishedDecember 19, 2022Comments (7)
Car BuyingCar BuyingCustomers Continue to Go Through It With CarvanaCarvana is still making things difficult for customers, from acquiring titles to finding problems with the cars…ByLawrence HodgePublishedDecember 15, 2022Comments (61)
NewsNewsThe Walls Are Closing in on CarvanaThe company's biggest creditors have signed an agreement not to fight in negotiations with Carvana, according to a…ByCollin WoodardPublishedDecember 7, 2022Comments (79)
Car CultureThe Morning ShiftCar CultureThe Morning ShiftToyota Sees a Light at the End of the TunnelThe company forecasts a million-car sales increase for 2023.ByAmber DaSilvaPublishedDecember 2, 2022Comments (23)
TechTechCarvana's Stock Proves How Much Wall Street KnowsThe online car retailer's stock price has been in a freefall and some Wall Street analysts are mulling the matter.ByErik ShillingPublishedNovember 24, 2022Comments (34)
NewsNewsCarvana Is Cutting 1,500 Jobs As Demand for Used Cars SinksThe used-car retailer famous for its vending machines and online marketplace is facing further lay-offs.ByJosé Rodríguez Jr.PublishedNovember 18, 2022Comments (41)