Carvana

Carvana is an online used car retailer and technology business based in Tempe, Arizona.

Source: en.wikipedia.org

Carvana Lowers Costs, Boosts Customer Satisfaction With Technology
Carvana Lowers Costs, Boosts Customer Satisfaction With Technology
February 22, 2024  |  Retail

Technological solutions are driving cost reductions and higher customer satisfaction at Carvana. The used car retailer has seen results from its latest innovations and is continuing...

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Carvana Reports Turnaround After Cutting Costs With Layoffs, Adding AI Tools
Carvana Reports Turnaround After Cutting Costs With Layoffs, Adding AI Tools
February 02, 2024  |  Business

Online used car firm Carvana has reportedly turned around its operations and debt over the past 18 months, lifting its stock price from $5 to...

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Earnings Season Shows No Straight Path for Online Car Platform Profitability
Earnings Season Shows No Straight Path for Online Car Platform Profitability
November 14, 2023  |  Earnings

For the online car platforms that have promised to bring kicking the tires firmly into the digital age, profitability has been volatile, sometimes elusive.  Inventory’s...

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Carvana Reports Expense Reduction and Efficiency Improvement in Uncertain Environment
Carvana Reports Expense Reduction and Efficiency Improvement in Uncertain Environment
November 02, 2023  |  Earnings

Carvana made progress in reducing expenses and improving efficiency during the third quarter, leading to record third-quarter levels of adjusted EBITDA and gross profit per unit...

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Carvana Brings Same-Day Delivery to North Carolina 
Carvana Brings Same-Day Delivery to North Carolina 
August 30, 2023  |  Retail

For the third time this month, Carvana is expanding its same-day delivery program. The online car seller announced in a news release Thursday (Aug. 30) that it would begin...

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Carvana Adds Indiana to Its Same-Day Delivery Roster
Carvana Adds Indiana to Its Same-Day Delivery Roster
August 23, 2023  |  Delivery

Online used-car platform Carvana says it has added same-day delivery to a second state. First rolled out in Arizona, the service is now also available for customers...

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Carvana’s Inventory Down 50% YOY as It Aligns With Sales Volumes
Carvana’s Inventory Down 50% YOY as It Aligns With Sales Volumes
July 19, 2023  |  Earnings

Used car retailer Carvana is putting some miles between itself and the post-pandemic cratering of used car sales with what it sees as smoother pricing...

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Is Carvana’s Wall Street Rally an Omen for Online Car Platforms?
Is Carvana’s Wall Street Rally an Omen for Online Car Platforms?
May 31, 2023  |  Market Conditions

One day’s surge on Wall Street may be a blip, or it may be an omen. Shares of Carvana rocketed up more than 16% Tuesday (May 30)....

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Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet
Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet
May 10, 2023  |  eCommerce

For the online car platforms, the path towards profitability is a bumpy one … … and the macro pressures are hardly in the rearview mirror....

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