Carvana's potential impact on new-vehicle market?

[Greg Spencer]

Hi,
I'm a journalist researching an article about the potential competitive impact of Carvana's foray into new-vehicle sales. As of December, Carvana had acquired four Stellantis dealerships across four metros in the southern U.S. There's lots of speculation about why Carvana is doing this, but so far the company hasn't said anything about how this buying spree fits into its strategy. What do other dealers think about this? Is it a worrying trend? What measures are you taking to compete against Carvana should they enter your market? Or are you happy to have another potential buyer for your operations

I'd appreciate any insights you can share, either in this thread or through direct messages!

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Greg Spencer
Writer-Analyst
+1.503.807.5586 | [email protected]
AimGroup.com

 

[Jeff Kershner]

Greg, if you use the Search feature - search for "Carvana" and click on the Search Titles Only box, it will return several related threads full of conversations.

I went ahead and added your question to the the latest most relevant thread for additional exposure as well.

PR & News - Make It or Break It for Carvana??

Carvana stock has decreased 97% in value so far in 2022 Oppenheimer analyst Brian Nagel wrote, “significant nearer-term operational and financial risks for Carvana have emerged and are likely to cloud the CVNA investment story for the foreseeable future.” The analyst said Carvana will likely...

forum.dealerrefresh.com

 

[Greg Spencer]

Greg, if you use the Search feature - search for "Carvana" and click on the Search Titles Only box, it will return several related threads full of conversations.

I went ahead and added your question to the the latest most relevant thread for additional exposure as well.

PR & News - Make It or Break It for Carvana??

Carvana stock has decreased 97% in value so far in 2022 Oppenheimer analyst Brian Nagel wrote, “significant nearer-term operational and financial risks for Carvana have emerged and are likely to cloud the CVNA investment story for the foreseeable future.” The analyst said Carvana will likely...

forum.dealerrefresh.com

Hey Jeff, thanks for this help!