Why Autonomous Vehicle Technology Threatens Copart's Business

A large portion of Copart's (NASDAQ: CPRT) business depends on people getting into car crashes, but as autonomous car technology takes hold, the rate of car crashes could decline. Does this present an existential threat to Copart's business model?

In this video from the Industry Focus podcast recorded on March 11, Motley Fool contributor Luis Sanchez and Industry Focus host Nick Sciple discuss Copart and the market for used cars.

Continue reading

Source Fool.com