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Tag: usedcar

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

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 weeks immediately after it documented dismal effects. While the pandemic offered a excellent chance for Carvana’s …
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Used-car prices are down from record highs, easing the impact of inflation

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 have notably fallen from a report high established in January, signaling the worst of sky-substantial rates …
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Used-car prices are still sky-high — but they may be easing

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 use of-car price ranges fell in February from January, a signal that though charges continue to …
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Used-car prices may be easing, research shows

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 as significantly as 50%, selling prices in the made use of-automobile market place showed some easing …
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Ford Blue Advantage Used-Car Site to Add 14-Day Home Test Drives

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 at drives than competition as a way to stand out. Any applied motor vehicle ordered through …
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Inflation soared 7% in 2021, driven by gas and used-car prices

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 gasoline, motor vehicles, food items, rent and other requirements are heightening the financial pressures on America’s …
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