[ad_1] The used-car retailer has managed to increase its gross margins in a tough selling environment. [ad_2] Source link
Tag: Used Car Dealing
WSJ News Exclusive | Ritchie Bros. Sweetens Deal for IAA, With Starboard’s Jeff Smith Set to Join Board
[ad_1] WSJ News Exclusive Deals Canadian company increases cash payout for IAA shareholders to $12.80 per share, from $10 [ad_2] Source link
WSJ News Exclusive | Carvana Cuts Workers Amid Slowing Sales and Debt Squeeze
[ad_1] Carvana is cutting staff during a continuing sales slowdown, as it tries to conserve cash to keep up with payments on $7 billion of debt. [ad_2] Source link
Falling Car Prices Will Slow Detroit’s Profit Machine
[ad_1] Used-vehicle values recorded a sharp decline in 2022, and new cars may now be following their lead. [ad_2] Source link
CarMax Practices Defensive Driving
[ad_1] Unlike some of its competitors, the used-auto retailer is chasing profitable sales instead of short-term market share gains. [ad_2] Source link
WSJ News Exclusive | Carvana Creditors Criticize Management, Gird for a Fight
[ad_1] The CEO’s father, who is the used-car dealer’s biggest shareholder, is seen as a wild card in any potential restructuring. [ad_2] Source link