Analysis-Hertz’s EV sale to fan cost concerns, dampen used-car market
By Akash Sriram and Nathan Gomes (Reuters) – Electric vehicles were already considered expensive and hard to repair. Now their image could take another hit …
used-car
After Peru and Colombia exit, used-car startup Kavak refocuses on Mexico, exec says
By Kylie Madry MEXICO CITY (Reuters) – Used-car startup Kavak is re-concentrating efforts on its home market, a top executive said, following the company’s announcement …
Mexican used-car startup Kavak lands $810 million in debt financing
By Kylie Madry MEXICO CITY (Reuters) – Mexican used-car platform Kavak on Tuesday said it had secured $675 million in financing from HSBC to back …
Mexican used-car startup Kavak expands outside Latin America
By Cassandra Garrison MEXICO CITY – Mexican used-car platform Kavak is investing $180 million to open offices and make its platform available in four new …
Used-car retailer Carvana sees significant core earnings for 2023
(Reuters) – Carvana Co on Friday forecast significant core earnings for 2023, as the online used-car retailer spelled out plans to rein in spending on …