Do online sites help simplify the purchase? Not so much

Buying a vehicle online can be complex and irritating, with many well-hyped promises unkept, Automotive News' Michael Wayland found while searching for a practical daily commuter car.

Carvana's Q4 net loss widens to $47.2 million

Carvana's fourth-quarter net loss widened, while strong sales and revenue growth failed to match the retailer's prior guidance to Wall Street, which was not amused.

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Hammer named to head ADESA

John Hammer has been named president of the ADESA unit of KAR Auction Services, effective Feb. 26. He replaces Stephane St-Hilaire, who resigned.

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