Tag: Ernie Garcia
Carvana posts $439 M net loss for Q2, sales volume increases
Last Thursday, Carvana completed its second-quarter earnings call between the company, shareholders, and analysts to discuss performance and corporate activities. According to an official...
Carvana cuts 2,500 jobs after posting net loss of $506M
In a regulatory filing this week, Carvana said that it has laid off 2,500 of its employees, accounting for 12% of its workforce. Most of the...
KAR Global sells ADESA auction business to Carvana in $2.2B deal
On Thursday, KAR Global agreed to terms of a deal that sees all ADESA auction operations and businesses in the US transfer to Carvana....
Carvana expansion shows the importance of growing online car sales
Carvana announced this week it had opened its brand new campus in Georgia, which is one of its largest campuses and will add 1,500...
Carvana shows growth but takes a financial loss on Q3 2021...
Growing sales and great profit margins weren’t enough to push Carvana into the black through the third quarter of 2021. In the shareholder letter...
Carvana CEO on company’s growth rate
Ernie Garcia, CEO of Carvana, explained in a recent interview with CNBC why he believes customers are seeking out their model of buying before coming...
Daily Newscast: Carvana CEO on company’s growth rate | Thought Leadership...
On today's CBT Newscast for Wednesday May 3, 2017:
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