Carvana Cuts Costs as Demand for Used Autos Remains Under Pressure - The Wall Street Journal

The online used car dealer said reducing expenses is its top priority after focusing for years on aggressive sales growth

Online used-car dealer Carvana Co. said it is aggressively cutting costs as demand from consumers remains under pressure and the company faces the prospect of an economic downturn.Carvanaan early p… [+4200 chars]

full article...