ACVA - Carvana labeled Top Pick by J.P. Morgan as used car market faces supply headwinds
2024-06-10 09:00:12 ET
The used car market continues to face headwinds to a full recovery as inadequate supply remains problematic for both independent used car dealers and franchise dealerships. Eighteen months after their last deep dive into the sector, J.P. Morgan still sees challenges that will likely put a lid on any inflection point in unit sales over the next 12-18 months....
Carvana labeled Top Pick by J.P. Morgan as used car market faces supply headwinds