Some retailers on Automotive News' used-vehicle-only list had double-digit sales increases in 2024.

From near-bankruptcy to booming profits, CVNA's rally is backed by real growth. See why the turnaround story could have ...

Coca-Cola's partner Biocrux India installed the RVMs and can remotely monitor how they perform. The goal is to increase ...

Uncertainty surrounding tariffs has certainly thrown a wrench into the outlook for many businesses, but one industry that may experience a favorable tailwind from tariffs is used car sales. If tariffs ...

Vending machines have provided convenience (and some inconveniences) for decades, but other countries are taking the market ...

Vending machines might seem like super unsexy and plain businesses. But, say some entrepreneurs, the simplicity is what makes ...

Carvana expects tariffs to raise the prices new cars and trucks, forcing more car shoppers to opt for a used vehicle ...

That company is Carvana, an online retailer of used cars that has gained fame for storing vehicles in distinctive “vending machine” towers. The Trump tariffs, which include levies of 25 ...

Before long, there will be more vending machines in Lincoln offering products focused on health, hygiene and safety, not junk food. The Lincoln-Lancaster County Health Department plans to install ...

Source of wealth: Ernest Garcia II owns the used car retailer DriveTime Automotive, the fourth-largest used car retailer in the US. He is also the largest shareholder of Carvana, an online used ...