Carvana hands over Michigan dealer license in deal with state

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Used-car megastore Carvana said Wednesday it is back to “business as usual” in Michigan after reaching a settlement with the state as part of an ongoing dispute over the state’s claim that Carvana committed violations of the Michigan Vehicle Code.

In early October, state officials suspended the license of the Carvana dealership in Novi for “imminent harm to the public,” a claim Carvana has called “baseless.” The state alleged that Carvana LLC, owned by Paul Breaux and located…

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