Timeline: Carvana’s rough stretch in 2022

Online used-vehicle retailer Carvana Co., once seen as a rising star in the COVID-19 era, is facing a reckoning in the wake of numerous setbacks in recent weeks. Those setbacks include wider financial losses in the first quarter, state regulatory challenges over titling and registration fumbles and sweeping job cuts. To help readers follow the … Read more

CADIA to host Rev Up 2030 automotive DE&I summit May 24

The Center for Automotive Diversity, Equity & Inclusion will host its fifth annual DE&I summit, Rev Up 2030, on Tuesday, May 24, at the Michigan State University Management Education Center in Troy, Mich. The event will feature industry experts, panel discussions and case studies around the theme “Diversity, Equity and Inclusion: Staying the Course.” Telva … Read more

The Intersection 5-15-22

2021 was the year of the buy-sell In March 2021, Automotive News, sensing a desire from our audience, decided to make a change and bulk up our coverage of new-vehicle dealership mergers and acquisitions, known colloquially as buy-sells. For Automotive News, that meant more editorial resources devoted to the effort. Namely myself, as a reporter, … Read more