Carvana is Worth Every Bit of $2 Billion I have to admit it, Carvana (NYSE: CVNA) has captured the imagination of Wall Street investors, the likes of which I haven’t seen since the early days of Pets.com. They are, in my opinion, clearly a $2 billion company. Unfortunately for those who remain in the stock, […]
Dear Toyota: Here’s $108 Million to Spend in Your Fight for Share Against Ford As the Toyota brand works to replace Ford in the top spot for US vehicle sales in 2018 (as of this writing, the Ford brand holds roughly a 14% share of the US Market to Toyota’s 12.4%; source here), you have […]
BREAKING: Fort Lauderdale, FL, June 19, 2017 – Amazon.com (NASDAQ: AMZN) jolted the automotive retail industry this morning when it announced plans to buy giant AutoNation (NYSE: AN); introducing more uncertainty into a sector already faced with massive disruption on the horizon ranging from online car sales to autonomous vehicles. The $5.33 billion deal, a […]