Carvana (CVNA) and Lithia Motors (LAD) are two major players in the U.S. auto retail sector, but they operate with very different approaches. Carvana focuses exclusively on selling used vehicles through its digital- first platform, aiming to simplify and modernize the car-buying experience. In contrast, Lithia Motors sells both new and used vehicles, combining a vast network of physical dealerships with growing digital capabilities to offer customers a full omnichannel experience. As the auto retail landsca ...