Carvana moves into new-car dealerships

Carvana’s next move looks a lot like Amazon’s – and that’s the point

Carvana has unveiled its plans for the physical dealerships it has purchased from Stellantis, which include launching a new "Test Drive Center."

Carvana moves into new-car dealerships

Carvana is expanding beyond its original focus on selling used cars online by acquiring and operating franchised new-car dealerships, especially those tied to Stellantis brands such as Jeep, Chrysler, Dodge and Ram, CNBC reports.  Rather than abandoning its digital-first approach, the company is extending it into physical retail locations, using its technology-driven systems to manage pricing, inventory and the customer purchase experience in tr…

Carvana is expanding into new vehicles. The implications could reshape the U.S. automotive retail market

Carvana has bought seven new vehicle franchises since last year that primarily sell Stellantis' Chrysler, Dodge, Jeep and Ram brands.

Carvana expands into new-car sales, raising questions about the future of auto retail

On the Dash: Carvana has acquired seven Stellantis dealerships and is quickly establishing a foothold in new-vehicle retail. The company’s digital-first model could increase competitive pressure on traditional dealerships and accelerate online retail adoption. Industry leaders are closely watching how the used car retailer approaches service, parts and customer retention within the franchise system. Carvana is moving into new-vehicle retail aft…