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Ernie Garcia

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How Carvana’s expansion to new vehicles could reshape the U.S. market

Sagar2 months ago09 mins

A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC After growing to become one of the largest used car retailers in the U.S., Carvana is expanding into the new vehicle market. The company has quietly purchased seven new vehicle franchises since last year that primarily sell Stellantis‘ Chrysler, Dodge, Jeep…

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  • Fed officials who voted to hike rates say action is needed now against inflation
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  • What drove last week’s volatile market

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