Heard on the Street: Investors in used-car retail should watch out for auto makers’ move into this space, but should probably ease up on the panic button
General Motors and Ford are veering into online used-car sellers’ lane. How quickly can they overtake them?, CarBravo, which will help its U.S.-based dealers market and sell all types of used cars online, not just its models.
That would place it in direct competition with online used-car retailers such as Carvana, Vroom, Shift Technologies and even CarMax , which has both a bricks-and-mortar and e-commerce presence. Ford started inching into that territory last year when it launched a platform, Ford Blue Advantage, that also lets dealers list and sell used cars, though it is limited to its own-brand certified vehicles.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Why scientists are racing to develop more COVID antiviralsThe first crop of antivirals against SARS-CoV-2 is promising. But new drugs will be needed to counter the looming threat of resistance.
Weiterlesen »
Opinion | Why Climate Justice Must Transcend BordersThe elite's 'solution' to the climate crisis is to turn the displaced into exploitable migrant labor. We need a truly internationalist alternative
Weiterlesen »
EXPLAINER: Why effort to help Afghanistan is falling shortWASHINGTON (AP) — As winter deepens, a grim situation in Afghanistan is getting worse. Freezing temperatures are compounding misery from the downward spiral that has come with the fall of the U.S.-backed government and the Taliban takeover.
Weiterlesen »
Curious Alaska: Why don’t we have billboards in Alaska?Question: Why are there no billboards in Alaska? Very short answer: It’s too beautiful.
Weiterlesen »
Here’s Why Women In Cannabis Are Flocking To High There’s Community Based PlatformHigh There is attracting female cannabis users on their editorial meets social network platform.
Weiterlesen »
Bitcoin's RSI Reaches Lowest Point in Two Years, Here's Why It Is Possibly Good for Market⬆ +13 Bitcoin's RSI Reaches Lowest Point in Two Years, Here's Why It Is Possibly Good for Market cryptocurrency
Weiterlesen »