Carvana keeps buying new Chrysler dealerships. What's the plan?

Why in the World Is Carvana Betting on Stellantis?

Key PointsDetroit auto stocks have followed divergent paths over the past year.Stellantis' significant decline offers opportunities to investors and other businesses.Carvana has begun scooping up Stellantis dealerships for a couple of strategic reasons.10 stocks we like better than Carvana › Detroit automakers, still generally known as Ford Motor Company, General Motors, and Stellantis (NYSE: STLA), have much in common as businesses, but the sto…

Carvana keeps buying new Chrysler dealerships. What's the plan?

An unusual buyer has quietly scooped up a half-dozen Chrysler Dodge Jeep Ram dealerships across the country over the past year: Carvana Co., the online used car sales giant.