Why online used-vehicle retailers are losing ground and laying off staff

Canada Drives Homepage

March 29, 2023 03:18 PM

Restructuring at Canada Drives and recent turmoil within the wider North American online used-vehicle segment have cast a shadow over the prospects of retailers with fully online sales models, as industry insiders, including Canada Drives CEO Cody Green, grow doubtful about the profitability of automotive ecommerce.

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