Carvana is expanding into new vehicles. The implications could reshape the U.S. automotive retail market

June 16, 2026·Source: CNBC·10 views

Carvana has bought seven new vehicle franchises since last year that primarily sell Stellantis' Chrysler, Dodge, Jeep and Ram brands.

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After a yearlong saga full of public declarations and private dismay, a 13-year tenure is over -- and the ripple effects from it might be enormous.

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The retailer, renamed Exemplar Luxury Group, is ditching anything that isn’t focused on high-end department store shopping.

In an expensive stock market, these stocks pay investors to wait for potential upside. They are also well-liked by Wall Street.

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