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…

Used-car prices are down from record highs, easing the impact of inflation

A sign advertises dollars paid out for used autos in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Visuals DETROIT – Wholesale utilised-auto selling prices…

Used-car prices are still sky-high — but they may be easing

A pedestrian walks past a accredited pre-owned car or truck income good deal in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Pictures Wholesale made…

Used-car prices may be easing, research shows

Jim Watson | AFP | Getty Illustrations or photos Employed-motor vehicle costs may possibly be starting up to soften, investigate suggests. Immediately after surging by way of the pandemic by…

Ford Blue Advantage Used-Car Site to Add 14-Day Home Test Drives

The selection of on line employed-auto procuring websites is expanding, notably with GM saying CarBravo earlier this thirty day period. Ford is now supplying more time at-residence take a look…

Inflation soared 7% in 2021, driven by gas and used-car prices

WASHINGTON — Costs compensated by U.S. consumers jumped 7% in December from a 12 months earlier, the best inflation fee because 1982 and the hottest evidence that rising fees for…