Carvana redeemed itself in 2024, emerging as one of the most profitable and fastest growing publicly listed auto retailers. In the company's latest earnings call, CEO Ernie Garcia said 2024 “will always be a defining year in the Carvana story.” For the full year, Carvana sold 416,348 retail units ... [Read More]

SIXT USA has continued to grow its footprint. But this time, it is related to general operations of the rental car company. On Tuesday, SIXT announced it’s planning to open a new office in Tulsa, Okla. As part of SIXT’s ... [Read More]

Next up on our series of Auto Remarketing Podcast episodes from Used Car Week in Scottsdale, Ariz. is a conversation about “Navigating the Future: Managing Risks in the Era of Connected Cars.” Led by moderator Courtney Dusseau, the auto and ... [Read More]

With dealership profitability down over the past two years, EFG Companies wants to give auto dealers a way to boost their personal wealth creation strategies. To that end, the F&I and reinsurance provider has introduced its Wealth Builder Profit Participation ... [Read More]

For Cars Commerce vice president of sales and auto brand advertising Brian Miller — and likely many others closely involved with auto retail — electric vehicles have “been a really fascinating space to watch on the used-car side.” And the ... [Read More]