Carvana cites double revenue growth, double capacity

22 May 2015

Online auto retailer Carvana reported year-over growth of more than 1,000 percent. It also reported it doubled capacity with expansion of operations in Texas.

“The response from customers to buy a car online has been so overwhelming, that we have made an investment in a new facility that enables us to sell thousands of more cars per month,” said Ernie Garcia, Carvana’s founder and CEO. “

This article is only available to AIM Group clients.

Please subscribe now or to view.

AIM Group

The AIM Group, formally the Advanced Interactive Media Group LLC, is the world’s leading consultancy in interactive media and classified advertising. We publish Classified Intelligence Report, a continuous advisory service known as “the bible of the classified advertising industry.”