Stay updated with breaking news from Alan Hoffman. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
NOVI — Carvana LLC voluntarily surrendered its Michigan dealer license Jan. 10 as part of a settlement agreement with the Michigan Department of State for multiple violations of the Michigan Vehicle Code.
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/tronc/LKPIRHKOSNHBFLTEVJEIR4NQS4.jpg)
People who were fined for late registrations may be able to recover some costs through the state's settlement with the online car retailer.
Used-car retailer Carvana admitted to violating Illinois law by failing to transfer car titles in a timely manner and has reached a settlement agreement with the state, officials said.
Online car retailer Carvana admitted violating Illinois law on the timely issuance of car titles and registrations and has agreed to follow enhanced rules to protect consumers, Illinois Secretary of State Alexi Giannoulias said Tuesday.
As part of a settlement with the state, Carvana surrendered a $250,000 bond, admitted wrongdoing, and agreed to inspections