Since it started selling cars in 2013, Carvana has disrupted the U.S. used vehicle market with no-haggle pricing and an ...
Co-founder Ernie Garcia says price declines and interest rate cuts should make used vehicles more affordable. Photo: Getty ...
Carvana investors have been on a roller coaster ride over the past couple of years, and for those who could hang on, it's paid off big time. The used-car dealer, famous for its car tower vending ...
It was also Carvana's third straight quarterly profit. Meanwhile sales soared 32% year over year, which was even better than the analysts had hoped. Founder and CEO Ernie Garcia praised his own ...
including the ADESA network," said Ernie Garcia, co-founder and CEO of Carvana. Carvana said it anticipates a sequential increase in year-over-year growth for retail units sold in the fourth quarter.
Good day, and welcome to the Carvana Third Quarter 2024 Earnings Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an ...
and strengthening our wholesale platform,” said Ernie Garcia, co-founder and CEO of Carvana. "With just 1% share in an enormous market, significant capacity to support growth, and a business ...
“Carvana’s exceptional results underscore our position as the fastest-growing and most profitable automotive retailer,” said Ernie Garcia, Carvana founder and CEO. “Our progress in Q3 further ...
Carvana’s acquisition of the ADESA network is a crucial part of this strategy, enabling the company to integrate its operations and leverage its national footprint effectively. Ernie Garcia, Carvana’s ...