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CARS - AutoNation And Carvana: A Tale Of Two Auto Retailers
Cars.com Inc.
AutoNation is expanding its store locations across the US, increasing the sourcing of used vehicles and growing post-sales revenues.
Carvana took advantage of the Covid pandemic to increase sales and earnings, but has taken a hit from changes in post-pandemic buying patterns.
The future of auto retail sales is likely to benefit more from the expanding AutoNation physical store location model versus the 100% online buying model offered by Carvana.