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C.J. Moore

Reporter covering used vehicles and the wholesale auction industry for Automotive News

[email protected]

See All Staff Page
Recent Stories
Online car-buying will continue

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The online used-vehicle retailers are facing a reckoning after riding high on consumer and investor interest during the COVID-19 pandemic.

Carvana
Carvana job cuts trigger market sell-off, staff backlash

Carvana Co.'s disclosure that it cut 2,500 employees set off reactions in the stock market and among social media users who said they were employees and that they received little or no heads-up that they would be let go.

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Carvana to lay off 2,500; executives to forgo salaries for rest of year

Carvana is laying off 12 percent of its work force and executives won't take salaries for the rest of the year.

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KAR focus on online car auctions after sale of ADESA U.S.

KAR Global CEO Peter Kelly is banking on using the money made on the sale of ADESA U.S. to Carvana to amplify the compnay's online auction offerings.

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In addition to paying big premiums at auction, dealers are resorting to searching inventory channels left and right for vehicles that can be made ready for the front line.

Used cars
Wholesale used-car prices fell in April, marking third month of decline

Wholesale used-vehicle prices ticked down in April, marking three full months of cooldown after a long stretch of record elevation last year.

KAR Global
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KAR expects to finalize the sale of ADESA to Carvana within the next week. KAR CEO Peter Kelly confirmed the time frame in the company's first-quarter earnings release. KAR also reported an $8.4 million net loss in the quarter.

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Penske Automotive Group Inc. and Lithia Motors Inc. each announced new single-store acquisition deals.

SUPPILLO-04_i.jpg
Top 100 used-vehicle retailers list shows shift in focus to used cars

The shifting reliance on used vehicle sales in 2021 was seen up and down the Automotive News annual list.

CARVANA-MAIN_i.jpg
Carvana rivals rethink ADESA
Greg Gates
Used cars were lifeblood of business in '21

With the microchip shortage and other supply chain hiccups making new vehicles hard to come by in 2021, auto retailers boosted their focus on selling used cars and trucks.

VROOMLAWSUIT-MAIN_i.jpg
Texas sues Vroom for alleged title delays, vehicle misrepresentation

Texas attorney general's office said Vroom allegedly misrepresented and didn't tell customers about holdups in transferring vehicle titles and obtaining registrations.

  • Load More
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        • Done Deals
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        • Skoda
      • Volvo
      • (Discontinued Brands)
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      • Virtual reveals (Sponsored)
        • NISSAN: 2023 Z
        • MITSUBISHI: 2022 Outlander
        • NISSAN: 2022 Pathfinder and 2022 Frontier
        • GENESIS: 2021 GV80
        • KIA: 2021 K5
        • LEXUS: 2021 IS
        • NISSAN: 2021 Rogue
        • TOYOTA: 2021 Venza and 2021 Sienna
      • Auto Shows
      • Future Product Pipeline
      • Photo Galleries
      • Car Cutaways
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  • DATA CENTER
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    • U.S. Vehicle Registrations
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        • Register for the 2022 Best Dealership To Work For
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      • AAM
      • AutoAlert
      • CNA National
      • Polly
      • Truist
      • Acxiom: Acxiom VP on the intersection of analytics and car shoppers
      • Blue Yonder
      • CDK Global
      • Cox
      • Cox
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      • DealerPolicy
      • Deloitte
      • Equifax
      • Equifax
      • Gentex
      • IHS Markit
      • MSX International
      • Micron
      • Qualcomm
      • Remember Group
      • Reputation.com
      • Ricardo: Dave Shemmans
      • Ricardo: Marques McCammon
      • Salty
      • T-Mobile
    • Publishing Partners
      • Cox: Transformation toward eCommerce in automotive retailing
      • Easycare: Reinventing the service contract for EVs
      • Easycare: The importance of benchmarking your reinsurance performance
      • Experian: Three steps to adapting to constant change in automotive marketing
      • Haig Partners: Buy-Sell Q&A: Where the Automotive M&A Market is heading
      • Haig: Buy-Sell Q&A: What is the value of an M&A advisor?
      • Siemens: The impact of vehicle electrification and connectivity on electrical system design
      • Text2Drive: Digital retailing meets the service department
      • Urban Science: Promoting dealer-consumer alignment across continued industry evolution
      • Western Digital: To Meet Consumer Demand, Automakers Must Double Down on Agile Development
      • Wipro: The Promise of Software-Defined Vehicles and the Cloud Car Ecosystem
      • Notarize: What to expect for the future of auto sales
      • Seagate: Unlocking value from connected-car data
      • Amazon Web Services: AI-powered supply chain decision-making
      • Epic Games: Five ways in-car designs will change in the next five years
      • Haig Partners: How are dealerships being valued today?
      • Haig Partners: Dealership consolidation trends
      • Haig Partners: Dealership valuation trends
      • Haig Partners: Dealership succession planning
      • Ally: Navigating the future of automotive retailing
      • Google: How a century-old brand is transforming the auto industry
      • Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction?
      • Solera | DealerSocket: Four real-time integrations that can save your dealership time
      • Solera | DealerSocket: Time for a new pre-owned pricing tactic
      • Kerrigan Advisors: Blue Sky Update Q4 2021
      • Qualcomm: Trading multi-year design cycles for on-demand features and experiences
      • Synchrony: 5 Ways to Help Motivate and Retain Employees
      • Twitter: EV adoption is happening...in an unexpected place
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