Used-car retailer Carvana to lay off 2,500 in post-Covid slide

Carvana will lay off about 2,500 workforce, or 12% of its workforce, the enterprise stated on Tuesday, as the on line utilised-vehicle retailer operates to get back again to profitability…

CEO of a autos retailer on reasons behind electric vehicle hesitancy

A area for electric powered motor vehicle charging in London, U.K. Keith Mayhew/SOPA Photos | LightRocket | Getty Visuals The CEO of key automotive retailer Pendragon has acknowledged the issues…