Road courses and short tracks.
- Oct 17, 2012
- Lexington, SC
Article linkThe Wall Street Journal reports that the troubled used car dealer is cutting both staff and hours as it struggles to continue making payments on its $7 billion in debt. The exact number of employees who have lost their jobs this year is still not clear, but this news comes after Carvana laid off around 1,500 employees in November of last year, bringing its 2022 layoff total to about 4,000. That works out to about a fifth of its total number of employees.
Data firm JXCE says Carvana’s sales have dropped significantly and that it has a lot less inventory. In the fourth quarter of 2022, sales were an estimated 86,000, which is a lot less than the 113,000 vehicles it sold in Q4 of 2021. Cars are also taking longer to sell, with the average vehicle sitting on the site for 97 days in Q4, up significantly from Q3's 65 days.
Interesting, you think (or know?) that Coach was/is paying Denny that much more?Well, we can speculate all we want....I won't get into that because what is the point....but I do think a significant factor here is that it is easier for Kyle to sit at the debrief table with Austin who likely isn't making more that him in salary (...but "family" money, who knows?) rather than sitting at the same table with Denny who would be making probably twice what he is getting....and never mind working for Denny which was the only other option. Poor Ricky came out okay on this....until the first meltdown when Ricky wants to give Kyle a lecture about how things are done at RCR. Good luck. A rage winning streak and championship isn't likely in the Next Gen in and of itself....less so given that Kyle hasn't figured out how to drive it. Ricky's low budget engineering crew is going to have their work cut out for them.
This has become such a joke and further proof that nascar will make anyone with money an official partner.
Tequila to NASCAR
Well as Cabo Wabo's founder sang
Tequila to NASCAR