Evercore ISI upgraded CarMax (NYSE:KMX) to "Outperform" from "In Line" and added Carvana (NYSE:CVNA) to its Tactical Outperform list, driven by improving used car market trends and strong web traffic ...
Recurve Capital, an investment management company, released its Q4 2024 investor letter. A copy of the letter can be downloaded here. Recurve had an impressive performance in 2024, successfully ...
Car manufacturers have a challenging year ahead. The government’s ZEV mandate is forcing the industry to adopt electrification or face enormous fines. While that’s a very noble gesture for the climate ...
Here’s a brief rundown: Franchise dealerships are affiliated with certain car manufacturers, and they sell both new and used vehicles ... Online auto retailers, like Carvana, operate much ...