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Carvana Grew Into a Used-Car Titan. Its New-Car Sales Project Has Dealers Rattled.
The Wall Street Journal85d agoneutral
Carvana Grew Into a Used-Car Titan. Its New-Car Sales Project Has Dealers Rattled.

Carvana’s Casa Grande, Ariz., dealership is the U.S.’s top-selling Chrysler, Jeep, Ram and Dodge dealer as of April. Joshua Higginbotham, a 43-year-old dad in the Kansas City area, swore off buying new cars from Jeep-Ram parent Stellantis after a few bad experiences at the automaker’s franchised dealerships—including losing a $500 deposit for a Dodge Challenger he didn’t buy. “I don’t want to spend a whole day in a dealership, and they always like to make it take an entire day,” Higginbotham said.

Root Q1 Earnings Call Highlights
MarketBeat97d agoneutral
Root Q1 Earnings Call Highlights

Root (NASDAQ:ROOT) reported what executives described as the most profitable quarter in the company’s history, with management emphasizing a more “structurally stronger model” driven by improvements in pricing, underwriting, and capital allocation. On the company’s first-quarter 2026 earnings call,

Carvana CEO sends strong message on profitability
TheStreet99d agoneutral
Carvana CEO sends strong message on profitability

Carvana just reported numbers that stopped Wall Street in its tracks. The online used car retailer posted a record-breaking first quarter, and CEO Ernie Garcia didn't mince words about where the company is headed. Despite its solid Q1 results, Carvana (CVNA) stock is down 4% in 2026 and has pulled ...