Carvana, an online used car retailer known for its multi-story car vending machines, has been banned from selling cars in the Raleigh area of North Carolina until January 2022. ADVERTISEMENT The North Carolina Division of Motor Vehicles has suedCarvanaclaiming that it failed to deliver titl...
Tesla’s decision to adopt an online-only model to sell its electric cars was recently defended by Carvana CEO Ernie Garcia, who went on CNBC’s Squawk Alley to discuss the electric car maker’s new sales strategy. Garcia noted that while Tesla will face challenges resulting from the shift...
Since January, Hertz Global Holdings has been in Tesla sales mode, with 20,000 electric vehicles from its global fleet, representing nearly a third of the rental-car company's existing EV inventory, on the dealer lot. The move, viewed as a stumble in Hertz's EV strategy — in 2021...
Following a second year of record sales for new cars with electrified powertrains, claims frequency for repairable BEVs rose to 2.71% in the U.S. and 3.84% in Canada in 2024, a year-over-year increase of 38% and 34% respectively. Auto Physical Damage Article Plugged-In: EV Collision...
If you’re looking for the most convenient end-to-end used-car-buying experience, thenCarvanais the way to go. Carvana is known for its massive car vending machines and for dropping off cars right to your door, making it perhaps the best choice for those who don’t want to trek long...