Carvana

Edmunds recommends five used sedans under $15,000, highlighting their reliability, fuel efficiency, and modern features. The suggested models include the Honda Civic, Kia Forte, Mazda 3, and others, with specific model years and trim levels noted for value and availability.

Edmunds recommends five used sedans under $15,000, emphasizing reliability, fuel economy, and modern technology. Models include the Honda Civic, Kia Forte, Mazda 3, and others, each with high RepairPal reliability scores and availability at retailers like Carvana and CarMax.

Companies are launching numerous AI projects, but many lack strategic purpose or completion, leading to inefficiency. Executives from firms like West Monroe, Amgen, and Carvana warn that excessive AI initiatives can hinder progress and recommend prioritizing business-led transformations over technical focus.

Carvana is launching a new-car initiative to disrupt traditional dealerships. The company aims to transform auto sales by acquiring dealers as permitted by manufacturers.

Carvana is transforming its Stellantis franchised dealerships into test-drive centers and 'playgrounds' while conducting vehicle sales entirely online, differing from traditional franchised dealers who sell vehicles on-site.

Edmunds recommends five used plug-in hybrid vehicles to help reduce gas costs, including the 2023-2024 Toyota Prius Prime, 2022-2025 Hyundai Tucson Plug-in Hybrid, and 2022-2025 Kia Sorento Plug-in Hybrid. These models offer electric driving ranges and fuel efficiency, with estimated prices between $29,000 and $30,000.

Carvana is expanding into franchised new-car dealerships, particularly those tied to Stellantis brands like Jeep, Chrysler, Dodge, and Ram, using its technology-driven systems in physical retail locations. The strategy aims to boost sales, enhance used-car inventory through trade-ins, and diversify revenue streams by integrating vehicle service and parts departments.

Carvana has expanded into new vehicles by acquiring seven franchises that primarily sell Stellantis' Chrysler, Dodge, Jeep, and Ram brands. This move could significantly impact the U.S. automotive retail market.

Carvana has partnered with Bezos-backed Slate Auto to expand into new car sales. Carvana was granted a warrant to purchase shares in Slate, and Guggenheim Partners CEO Mark Walter has significant investments in both companies.