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Carvana’s New Campaign Highlights Convenience of its Online Car Buying Experience with Kristen Bell and Dax Shepard
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced a new chapter in its collaboration with Kristen Bell and Dax Shepard. The duo stars in a brand-new commercial highlighting how Carvana’s intuitive platform makes finding and buying your next car easier than ever, no matter how you shop.
By Carvana · Via Business Wire · January 21, 2025
Carvana Kicks Off Multi-Year Partnership with Rush Soccer As Front-Of-Kit Sponsor
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, is excited to announce a new multi-year partnership with Rush Soccer, the world’s largest youth soccer club. Aimed at enhancing the experiences of young athletes and their families across the country, this new collaboration positions Carvana as the front-of-kit partner on all Rush game jerseys.
By Carvana · Via Business Wire · January 13, 2025
Carvana Expands Same Day Delivery to Las Vegas
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced the expansion of its same day vehicle delivery offering to the greater Las Vegas, Nevada area. Select Las Vegas area residents can now take delivery of a vehicle purchase as soon as the same day they place an order on Carvana.com.
By Carvana · Via Business Wire · November 13, 2024
Carvana and Jimmie Johnson Redefine Fast In Same Day Delivery Ad Campaign
Carvana, an industry pioneer for buying and selling used cars online, today launched a new broadcast campaign starring seven-time NASCAR champion Jimmie Johnson. The commercial highlights Carvana’s same day vehicle delivery service, allowing customers to receive their car in less than 24 hours after placing an order on carvana.com.
By Carvana · Via Business Wire · November 11, 2024
Carvana Announces Industry-Leading Third Quarter 2024 Results
Carvana Co. (NYSECVNA), the leading e-commerce platform for buying and selling used cars, today announced financial results for the quarter ended September 30, 2024. Carvana’s complete third quarter 2024 financial results and management commentary are available in the company’s shareholder letter on the quarterly results page of its Investor Relations website.
By Carvana · Via Business Wire · October 30, 2024
Carvana Reunites with Kristen Bell and Dax Shepard in National Ad Featuring Carvana Value Tracker
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced the continuation of its successful partnership with Kristen Bell and Dax Shepard in a fresh, comedic campaign. The duo stars in a brand-new commercial featuring Carvana’s Value Tracker—a tool designed to make it easy to know and track the value of your car over time.
By Carvana · Via Business Wire · October 28, 2024
Carvana Expands Same Day Delivery to Houston
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced the expansion of its same day vehicle delivery offering to the greater Houston, Texas area. Select Houston area residents can now take delivery of a vehicle purchase as soon as the same day they place an order on Carvana.com.
By Carvana · Via Business Wire · October 23, 2024
Carvana Report Highlights How Customers Search for EVs
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today released its EV Trends Report for Q3 2024. The report focuses on consumer search behavior, showcasing the increasing interest in electric vehicles (EVs) and evolving preferences among shoppers.
By Carvana · Via Business Wire · October 22, 2024
Carvana and Jimmie Johnson Select Sonoran Desert-Inspired Paint Scheme as Fan Contest Winner
Carvana, an industry pioneer for buying and selling used cars online, has teamed up with NASCAR legend Jimmie Johnson and LEGACY MOTOR CLUB to reveal the winning paint scheme from Carvana’s Fan Design Contest. In a tribute to the vibrant beauty of the Grand Canyon State, longtime fan Ben Moore designed a livery unlike any other for Johnson’s No. 84 Toyota.
By Carvana · Via Business Wire · October 16, 2024
Carvana Announces Auction-IRC ‘Megasite’ Integration in Las Vegas
Carvana Co. (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced plans for an auction and reconditioning ‘Megasite’ integration in Las Vegas. With this transition, Carvana will establish Inspection and Reconditioning Center (IRC) capabilities at its existing ADESA Las Vegas wholesale auction site while maintaining all digital and in-lane auction operations. This location will anchor the growth of Carvana’s retail and wholesale operations in the area and enhance the company’s offering for retail and wholesale customers.
By Carvana · Via Business Wire · October 7, 2024
Carvana Celebrates More Than 4 Million Cars Bought and Sold
Carvana (NYSECVNA), the fastest-growing used car retailer and industry pioneer for buying and selling used cars online, today announced that as of Q3 2024, it has sold more than 2 million cars to and purchased more than 2 million cars from customers since the company’s founding in 2013. In celebration of the customers driving this progress, Carvana shared a report with insights from its first 4 million cars bought and sold.
By Carvana · Via Business Wire · October 3, 2024
Carvana Brings Same Day Delivery to Kansas City
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced the expansion of its same day vehicle delivery offering to the greater Kansas City, Missouri area. Select Kansas City area residents can now take delivery of a vehicle purchase as soon as the same day they place an order on Carvana.com.
By Carvana · Via Business Wire · September 30, 2024
Carvana, Jimmie Johnson Offer Chance to Draw Outside the Finish Lines and Create Jimmie Johnson’s Next Race Car Look
Start your engines, racing fans! Carvana, the pioneer for buying and selling used cars online, is thrilled to announce the launch of a contest in partnership with LEGACY MOTOR CLUB that gives fans the opportunity to design the paint scheme for Jimmie Johnson’s No. 84 Toyota at the upcoming NASCAR Xfinity Series Championship at Phoenix Raceway.
By Carvana · Via Business Wire · September 16, 2024
Carvana and PPA Tour Offer Pickleball Fans a Chance to Win Big During "Road to the Finals"
Carvana, the leading e-commerce platform for buying and selling used cars, and the Professional Pickleball Association (PPA) are excited to announce the “Road to the Finals” sweepstakes, offering fans a chance to win one of two vehicles and a trip to the CIBC PPA Finals in San Clemente, CA.
By Carvana · Via Business Wire · September 12, 2024
Carvana Brings Same Day Delivery to Portland
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced the expansion of its same day vehicle delivery offering to the greater Portland, Oregon area. Select Portland area residents can now take delivery of a vehicle purchase as soon as the same day they place an order on Carvana.com.
By Carvana · Via Business Wire · September 10, 2024
Carvana Announces Auction-IRC ‘Megasite’ Integration in Houston
Carvana Co. (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced its second auction and reconditioning ‘Megasite’ integration in Houston. With this transition, Carvana will establish Inspection and Reconditioning Center (IRC) capabilities at its existing ADESA Houston wholesale auction site while maintaining all digital and in-lane auction operations. This location will anchor the growth of Carvana’s retail and wholesale operations in the area and enhance the company’s offering for retail and commercial customers.
By Carvana · Via Business Wire · September 9, 2024
Carvana Develops First Auction-IRC ‘Megasite’ in Kansas City
Carvana, an industry pioneer for buying and selling used cars online, today announced the development of its first auction and reconditioning ‘Megasite’ in Kansas City. With this transition, Carvana will establish inspection and reconditioning center (IRC) capabilities at its existing ADESA Kansas City wholesale auction site while maintaining all digital and in-lane auction operations. This location will anchor the growth of Carvana’s retail and wholesale operations in the area and enhance the company’s offering for retail and commercial customers.
By Carvana · Via Business Wire · August 19, 2024
Carvana Announces Industry-Leading Second Quarter 2024 Results
Carvana Co. (NYSECVNA), the leading e-commerce platform for buying and selling used cars, today announced financial results for the quarter ended June 30, 2024. Carvana’s complete second quarter 2024 financial results and management commentary are available in the company’s shareholder letter on the quarterly results page of its Investor Relations website.
By Carvana · Via Business Wire · July 31, 2024
Carvana EV Trends Report Reveals Broadening Appeal and Accessibility of Used EVs
Carvana, an industry pioneer for buying and selling used cars online, today released an EV Trends Report for Q2 2024. The report focuses on the evolving profile of the used EV buyer, highlighting the category’s increasing adoption by mass-market buyers of all ages and income levels.
By Carvana · Via Business Wire · July 23, 2024
Carvana and Jimmie Johnson Fuel Automotive Education with Equipment and Vehicle Donation
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, is excited to announce a unique collaboration with racing legend Jimmie Johnson to celebrate and support automotive education. As part of this partnership, Carvana and Jimmie Johnson will donate equipment and funds to the Arsenal Technical High School, a member of Indianapolis Public Schools (IPS), in conjunction with Johnson’s highly anticipated Brickyard 400 race.
By Carvana · Via Business Wire · July 16, 2024
Carvana Launches Streamlined Shopping and Checkout Experience for Used EV Buyers
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced the launch of new features that make shopping for and buying a used electric vehicle (EV) or plug-in hybrid (PHEV) easier and more accessible for its customers. The streamlined process highlights vehicles that qualify for the Clean Vehicle Tax Credit in the search experience and allows eligible customers to apply the up to $4,000 in savings from the credit at checkout.
By Carvana · Via Business Wire · July 10, 2024
Carvana Showcases Proprietary Technology and Infrastructure Supporting Efficient, Scalable Operations During Investor Tour
Carvana Co. (NYSECVNA), the leading e-commerce platform for buying and selling used cars, hosted institutional investors and analysts for a tour of its Rocklin, CA Inspection and Reconditioning Center (IRC) on Tuesday, June 25, 2024. The event provided an in-depth look at the proprietary technology, processes and infrastructure underlying Carvana’s reconditioning and fulfillment operations.
By Carvana · Via Business Wire · June 27, 2024
Carvana Continues Same Day Delivery Expansion in Richmond Area
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to select residents of the greater Richmond, Virginia area. Now Richmond area customers can take delivery of a vehicle as soon as the same day they place an order on Carvana.com, and select customers interested in selling their current vehicle to Carvana can also benefit from same day drop-off.
By Carvana · Via Business Wire · June 26, 2024
Carvana Wins CSO Award for Innovative Security Approach
Carvana (NYSECVNA), the leading e-commerce platform for buying and selling used cars, was named a 2024 CSO Award recipient by Foundry’s CSO (an IDG company). This prestigious award recognizes 50 organizations for a security project or initiative that demonstrates outstanding business value and thought leadership in the fields of security and risk management.
By Carvana · Via Business Wire · June 18, 2024
Carvana Unveils Heartwarming Paint Scheme for Jimmie Johnson’s Brickyard 400 Race, Designed by His Daughters
Carvana, an industry pioneer for buying and selling used cars online, today revealed a one-of–a-kind paint scheme for the upcoming NASCAR Cup Series’ Brickyard 400 race at the Indianapolis Motor Speedway. In celebration of Father’s Day weekend, Jimmie Johnson’s daughters, Genevieve (13) and Lydia (11), have designed a unique and heartfelt paint scheme for their father’s racecar.
By Carvana · Via Business Wire · June 13, 2024
Carvana Launches Same Day Delivery in Newark Area
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to select residents of greater Newark, New Jersey. Now Newark area customers can take delivery of a vehicle as soon as the same day they place an order on Carvana.com, and select customers interested in selling their current vehicle to Carvana can also benefit from same day drop-off. With this launch, approximately 25% of the US Population lives within Carvana’s same day delivery radius.
By Carvana · Via Business Wire · June 12, 2024
Carvana Announces Investor Tour at its Rocklin, CA Inspection and Reconditioning Center
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, will host institutional investors and analysts for a tour of its Rocklin, CA Inspection and Reconditioning Center on Tuesday, June 25, 2024. Senior leadership from Carvana’s Inventory and Fulfillment teams will share an overview of the facility’s operations and answer questions.
By Carvana · Via Business Wire · May 21, 2024
Carvana Marks Second Anniversary of ADESA Acquisition with New Integration and Performance Milestones
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, celebrates the two-year anniversary of its acquisition of ADESA by sharing key integration milestones that demonstrate the potential of the combination for both businesses and their wholesale and retail customers.
By Carvana · Via Business Wire · May 9, 2024
Carvana Confirms Federal Legality of e-Signatures on Odometer Disclosure Documents with NHTSA Letter of Interpretation
Carvana, an industry pioneer for buying and selling used cars online, today shared a Letter of Interpretation from the National Highway Traffic Safety Administration (NHTSA) affirming the legality of electronic signatures (e-signatures) on physical odometer disclosure documents. Carvana pursued this clarification, with support from other industry leadership groups, as part of its ongoing advocacy for DMV process modernization to drive better experiences for car buyers and sellers across the country.
By Carvana · Via Business Wire · May 8, 2024
Carvana EV Trends Report Reveals Significant Growth Potential of Used EV Market
Carvana, an industry pioneer for buying and selling used cars online, today released an EV Trends Report for Q1 2024. The report focuses on the significant growth potential of the used EV category and highlights the important role affordability plays in driving customer adoption.
By Carvana · Via Business Wire · May 8, 2024
Carvana Continues to Champion Accessibility, Teams up With Special Olympics Georgia for Second Annual Pickleball for All Event in Atlanta
Following the success of last year’s events, Carvana, an industry pioneer for buying and selling used cars online, is celebrating Mobility Awareness Month with its second annual Pickleball for All event – an accessible pickleball exhibition and clinic for athletes of all abilities. Alongside the Professional Pickleball Association (PPA Tour), the event aims to lower the barrier of entry to the sport of pickleball for the millions of Americans who live with physical or cognitive limitations.
By Carvana · Via Business Wire · May 7, 2024
Carvana Honored Among NAFA’s 2024 Best Commercial Fleets at Annual Institute & Expo
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, was recognized by the NAFA Fleet Management Association (NAFA) at its annual Institute & Expo (I&E) as a top Commercial Fleet for 2024 in the Americas.
By Carvana · Via Business Wire · April 25, 2024
Carvana and NRG Unveil Exclusive Giveaway: Your Chance to Win the Ultimate Dream Ride, Personally Delivered by Rocket League Icon Musty
Carvana (NYSECNVA), an industry pioneer for buying and selling used cars online, has teamed up with NRG, the premier gaming and entertainment powerhouse, to launch an electrifying new giveaway: Carvana Presents: NRG x Musty Tesla Giveaway. Starting April 10, 2024, fans will have the opportunity to enter to win a Tesla Model 3. Not only will the lucky winner score a sick ride, the vehicle will be personally delivered – Carvana style – directly to their doorstep by none other than NRG squad member and Rocket League icon Musty.
By Carvana · Via Business Wire · April 10, 2024
Carvana to Report First Quarter 2024 Results and Host Quarterly Conference Call on May 1
Carvana Co. (NYSECVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its first quarter 2024 financial results for the period ended March 31, 2024, after the market closes on Wednesday, May 1, 2024. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results.
By Carvana · Via Business Wire · April 3, 2024
Carvana Joins eSTART Coalition as Founding Member
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, is proud to announce its participation in the Electronic Secure Title and Registration Transformation (eSTART) Coalition as a founding member. The eSTART Coalition is a group of automotive industry stakeholders advocating for the application of modern digital solutions to state and local DMV operations.
By Carvana · Via Business Wire · March 14, 2024
Carvana Expands West Coast Footprint with Newest Car Vending Machine in San Diego
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today debuted its newest Car Vending Machine in San Diego, California. The state-of-the-art steel and glass structure stands an impressive six stories tall along the 8 in Mission Valley and has a 19-vehicle capacity.
By Carvana · Via Business Wire · February 28, 2024
Carvana Launches Same Day Vehicle Delivery in the Sacramento Area
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to the Sacramento area. Now, select residents of California’s Gold Country can take delivery of their vehicle within hours of placing an order on Carvana.com. Local customers interested in selling their current vehicles to Carvana can also benefit from as-soon-as same day drop-off at specific locations throughout the state.
By Carvana · Via Business Wire · February 20, 2024
Carvana Brings Same Day Vehicle Delivery to Philadelphia
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to the Philadelphia area. Now select Philadelphia area residents can take delivery of their vehicle within hours of placing an order on Carvana.com. Select customers interested in selling their current vehicles to Carvana can also benefit from same day drop-off at specific locations throughout the state.
By Carvana · Via Business Wire · February 14, 2024
Carvana Brings Same Day Vehicle Delivery to Oklahoma City
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to Oklahoma City. Now select Oklahoma City area residents can take delivery of their vehicle within hours of placing an order on Carvana.com. Select customers interested in selling their current vehicles to Carvana can also benefit from same day drop-off at specific locations throughout the state.
By Carvana · Via Business Wire · February 7, 2024
Carvana, Jimmie Johnson Unveil New Richard Petty-Inspired Paint Scheme Ahead of Daytona 500 Race
Carvana, an industry pioneer for buying and selling used cars online, today unveiled a new paint scheme for Jimmie Johnson’s No. 84 Toyota. Created in partnership with LEGACY MOTOR CLUB™, the design pays tribute to the Petty family’s illustrious 75-year tenure in racing.
By Carvana · Via Business Wire · February 1, 2024
Carvana Accelerates Car Buying with Same-Day Delivery in San Antonio
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced the expansion of its same day vehicle delivery to select greater San Antonio residents. San Antonio area residents can now take delivery of a vehicle as soon as the same day they place an order on Carvana.com. Additionally, select customers interested in selling their current vehicle to Carvana can also benefit from same day drop-off.
By Carvana · Via Business Wire · January 31, 2024
Carvana to Report Fourth Quarter and Fiscal Year 2023 and Host Quarterly Conference Call on February 22
Carvana Co. (NYSECVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its fourth quarter and fiscal year 2023 financial results for the period ended December 31, 2023, after the market closes on Thursday, February 22, 2024. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results.
By Carvana · Via Business Wire · January 25, 2024
Carvana Raises the Bar in Online Auto Retail with Same Day Delivery Expansion to Birmingham
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to select greater Birmingham, Alabama residents. Birmingham area residents can now take delivery of a vehicle purchase as soon as the same day they place an order on Carvana.com and select customers interested in selling their current vehicle to Carvana can also benefit from same day drop-off.
By Carvana · Via Business Wire · January 24, 2024
Carvana Announces Top-Selling Electric Vehicles of 2023
In celebration of the New Year and a decade selling of electric vehicles, Carvana (NYSECVNA) reveals its top ten best-selling EVs of 2023:
By Carvana · Via Business Wire · January 17, 2024
Carvana Announces Continued Partnership with Jimmie Johnson and Legacy Motor Club for Upcoming 2024 NASCAR Season
Carvana, an industry pioneer for buying and selling used cars online, today announced the continuation of its partnership with racing legend Jimmie Johnson and LEGACY MOTOR CLUB™ in 2024. Johnson, the seven-time NASCAR champion and 2024 NASCAR Hall of Fame class inductee, has partnered with Carvana since 2021 when he competed in the IndyCar Series for the first time after more than two decades as a leading NASCAR driver.
By Carvana · Via Business Wire · January 16, 2024
Carvana Launches Same Day Vehicle Delivery Offering to Columbus and Cincinnati Area Residents
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to Columbus and Cincinnati area residents. Now Central and Southwest Ohio area residents can receive their vehicle within hours of placing an order on Carvana.com. Select customers interested in selling their current vehicles to Carvana can also benefit from same day drop-off at specific locations throughout the state.
By Carvana · Via Business Wire · December 11, 2023
Carvana and Phoenix Rising FC Ink Multi-Year Commitment, Extending Their Winning Streak for a Seventh Season and Beyond
Carvana, an industry pioneer for buying and selling used cars, announces the multi-year extension of its partnership with Phoenix Rising FC. The renewal marks another chapter in the dynamic collaboration between the two Valley-based entities.
By Carvana · Via Business Wire · December 6, 2023
Carvana Demonstrates Operational Efficiency, Process Scalability, and Capacity for Growth During Investor Tour
Carvana Co. (NYSECVNA), a leading e-commerce platform for buying and selling used cars, hosted institutional investors and analysts for a tour of its Haines City, Florida Inspection and Reconditioning Center (IRC) on Thursday, November 30, 2023. The event provided a real-time look at the company's operational efficiency gains, proprietary technologies, and capacity for future growth.
By Carvana · Via Business Wire · December 5, 2023
Carvana Crowns 2023 PPA Tour Point Winners Ben Johns and Anna Leigh Waters
Carvana, an industry pioneer for buying and selling used cars online, has proudly announced that Ben Johns and Anna Leigh Waters are the respective points winners in the Men’s and Women’s categories of the 2023 Carvana Professional Pickleball Association Tour, which takes into account results across all disciplines in all tournaments for the season. Both winners are awarded the championship title in addition to a Carvana vehicle of their choosing.
By Carvana · Via Business Wire · December 1, 2023
Carvana Expands Same Day Delivery Offering to Central Florida Residents
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day delivery to Central Florida Customers. Now Central Florida residents can receive their vehicle within hours of placing an order on Carvana.com. Select customers interested in selling their current vehicles to Carvana can also benefit from same day drop off at specific locations throughout the state.
By Carvana · Via Business Wire · November 29, 2023
Carvana Expands Same Day Delivery Offering to Dallas-Fort Worth Area Customers
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, is the first used auto retailer to provide customers in the Dallas-Fort Worth area with the speedy and convenient service of online purchasing with same day delivery. Launched in 2015, Dallas-Fort Worth was one of the first markets to embrace Carvana’s accessible, transparent online car buying experience. Now, with the launch of same day delivery, Dallas-Fort Worth area residents can receive their vehicle within hours of placing their order. Select customers interested in selling their current vehicles to Carvana can also benefit from same day drop off in the Dallas-Fort Worth area.
By Carvana · Via Business Wire · November 16, 2023
Carvana Debuts Same Day Vehicle Delivery In Greater Atlanta Area
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, is the first used auto dealer to provide select customers in Georgia with the speedy and convenient service of online purchasing with same day delivery. Carvana customers already benefit from an accessible, transparent, and intuitive online car buying experience, and now Atlanta-area residents have the opportunity to receive their new vehicle as soon as the same day they order it. The company also introduced same day drop off for select customers selling their vehicles to Carvana in the Atlanta area.
By Carvana · Via Business Wire · November 13, 2023
Carvana and NRG Debut Customized Mobile Content Studio Ahead of Inaugural Rocket League Combine on November 11-12
Carvana, an industry pioneer for buying and selling used cars online, and esports authority NRG have announced the inaugural Carvana | NRG Combine event in search of the world’s next Rocket League pro. Ahead of the November 11 - 12, 2023 skills challenge, Carvana has gifted Team NRG a fully custom-wrapped SUV, coined the Dub Wagon, that will serve as a mobile production hub for team content that brings fans closer to the action during the Combine and throughout the year. The Dub Wagon will not only be the team NRG’s preferred mode of tournament transport, but it will also be optimized inside and out as a content-ready mobile vlog studio for pre- and post-tournament fan touch points throughout the year. Stationed at NRG's downtown LA headquarters, the SUV will be on site for the inaugural Carvana | NRG Combine, adding an extra element of excitement to this year’s event.
By Carvana · Via Business Wire · November 8, 2023
Carvana to Present at Upcoming RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference
Carvana Co. (NYSECVNA), the leading e-commerce platform for buying and selling used cars, today announced that Mark Jenkins, Carvana's Chief Financial Officer, will present to the investor community and host meetings at the conference.
By Carvana · Via Business Wire · November 7, 2023
Carvana Announces Record Third Quarter Results for Total Gross Profit per Unit, Net Income, and Adjusted EBITDA
Carvana Co. (NYSECVNA), the fastest growing used car dealer in U.S. history, today announced financial results for the quarter ended September 30, 2023. Carvana’s complete third quarter 2023 financial results and management commentary can be found by accessing the Company’s shareholder letter on the quarterly results page of the Investor Relations website.
By Carvana · Via Business Wire · November 2, 2023
Carvana Announces Investor Tour at its Haines City Florida Inspection and Reconditioning Center
Carvana Co. (NYSECVNA), the leading e-commerce platform for buying and selling used cars, will host institutional investors and analysts for a tour of its Haines City Florida Inspection and Reconditioning Center on Thursday, November 30, 2023. Members of Carvana’s Inventory senior leadership team will share an overview of the facility’s operations and answer questions.
By Carvana · Via Business Wire · October 30, 2023
Carvana Inks New Multi-Year Partnership With Freeride Mountain Bike Star Jaxson Riddle
Carvana, an industry pioneer for buying and selling used cars online, has announced its newest sports partnership with renowned professional mountain biker and Red Bull athlete Jaxson Riddle ahead of the world’s premier big-mountain freeride event, Red Bull Rampage. As this year’s event approaches, Carvana has teamed up with Riddle to give away a different set of wheels at this year’s event—a fully customized mountain bike from Riddle’s personal collection, that he has trusted on some of the most daring trails in the world.
By Carvana · Via Business Wire · October 9, 2023
Carvana to Report Third Quarter 2023 and Host Quarterly Conference Call on November 2
Carvana Co. (NYSECVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its third quarter 2023 financial results for the period ended September 30, 2023, after the market closes on Thursday, November 2, 2023. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results.
By Carvana · Via Business Wire · October 5, 2023
Carvana and NRG Partner to Launch Esports Challenge: The Search for the Next Rocket League Pro Begins
Carvana, an industry pioneer for buying and selling used cars online, and esports and gaming leader NRG are thrilled to partner in hosting a new skills challenge event in search of the world’s next Rocket League pro. The Carvana | NRG Combine, in collaboration with the Network of Academic and Scholastic Esports Federations (NASEF), invites outstanding student esports athletes aged 18 and up to compete for a one-year content creator contract Carvana and NRG, a grand prize of $10,000 and the chance to make a name in the esports industry.
By Carvana · Via Business Wire · September 25, 2023
Carvana Adopts Texas DMV E-Odometer System, Further Streamlining the Car Buying Experience
Carvana (NYSECVNA), the industry pioneer for buying and selling used cars online, announced today that it has adopted a Texas Department of Motor Vehicles (TxDMV) tool designed to make the car buying process more efficient. The feature is known as the electronic odometer and sales disclosure (“e-odometer”) process and is available through the TxDMV’s innovative webDEALER system. Leveraging the e-odometer feature has helped Carvana successfully eliminate unnecessary paperwork and further streamline the car buying experience for Texas customers.
By Carvana · Via Business Wire · September 13, 2023
Carvana Champions New Oregon Law Digitizing Car Buying Experience
Legislation signed into law by Oregon Governor Tina Koteck will result in the Oregon Department of Transportation (ODOT) adopting rules that permit the use of electronic services in vehicle ownership. The legislation was introduced in January and sponsored by House Representative Susan McLain, Co-Chair of the Joint Transportation Committee, and passed unanimously in both the Oregon House of Representatives with a 57-0 vote, and in the Oregon State Senate in a 24-0 vote. Carvana, the fastest growing used automotive retailer in U.S. history and a pioneer of online car sales, partnered with Chair McLain to lead the effort with stakeholders and introduce the bill. The bill paves the way for a significant, digital modernization of ODOT electronic services.
By Carvana · Via Business Wire · September 5, 2023
Carvana to Present at Upcoming Morgan Stanley 11th Annual Laguna Conference
Carvana Co. (NYSECVNA), the leading e-commerce platform for buying and selling used cars, today announced that Ernie Garcia, Carvana's Founder and Chief Executive Officer, will present to the investor community and host meetings at the conference.
By Carvana · Via Business Wire · September 5, 2023
Carvana Launches Same Day Vehicle Delivery In Greater Charlotte Area Bringing New Level of Speed and Convenience to Local Shoppers
Carvana, an industry pioneer for buying and selling used cars online, is the first used auto dealer to provide select customers in North Carolina with the speedy and convenient service of online purchasing with same day delivery. Carvana customers already benefit from an accessible, transparent, and intuitive online car buying experience, and now area residents have the opportunity to receive their new ride as soon as the same day they order it.
By Carvana · Via Business Wire · August 30, 2023
Carvana-led Coalition Passes Consumer Friendly Home Delivery Legislation In Illinois
Carvana Co. (NYSECVNA), the leading e-commerce platform for buying and selling used cars, today announced the successful conclusion to its campaign to enact legislation that more formally allows car buyers in the state the convenience of home delivery. Legislation sponsored by Illinois State Sen. Patrick Joyce and supported by thousands of Illinois consumers, explicitly permitting vehicle home delivery passed the Illinois Senate unanimously by a 57-0 vote, the Illinois House of Representatives by a 113 – 0 margin, and was signed into law by Illinois Governor JB Pritzker.
By Carvana · Via Business Wire · August 28, 2023
Carvana Named Among America’s Best Employers for Women for 2023
Carvana (NYSECVNA), an industry pioneer for buying and selling used cars online, is named by Forbes as one of the Best Employers for Women for 2023. This prestigious recognition highlights Carvana's commitment to fostering a diverse and inclusive workplace centered on connection and development.
By Carvana · Via Business Wire · August 24, 2023
Carvana Debuts Same Day Vehicle Delivery in Indiana Sharing New Level of Speed and Convenience With Local Shoppers
Carvana, an industry pioneer for buying and selling used cars online, is the first used auto dealer to provide select customers in Indiana with the speedy and convenient service of online purchasing with same day delivery. Carvana customers already benefit from an accessible, transparent and intuitive online car buying experience, and now local area residents have the opportunity to receive their new ride as soon as the same day they order it.
By Carvana · Via Business Wire · August 23, 2023
Carvana Completes All Equity Capital Requirements of Previously Announced Exchange Offer Transaction Support Agreement
Carvana Co. (NYSECVNA) (“Carvana” or the “Company”), the fastest growing used car dealer in U.S. history, today announced that it has completed all equity capital requirements of its previously announced exchange offer transaction support agreement, by raising $126 million of equity capital (the “Garcia Equity Transaction”) from existing shareholders Ernest Garcia II and Ernest Garcia III, Carvana’s Chief Executive Officer (the “Garcia Parties”), in a transaction valuing the Company’s Class A common stock at $46.31 per share (the “Equity Value”), an 18% premium to the closing price on August 18, 2023.
By Carvana · Via Business Wire · August 21, 2023
Carvana Expands Footprint On Atlantic Coast With Newest Iconic Car Vending Machine
Carvana, an industry pioneer for buying and selling used cars online, debuted its newest iconic Car Vending Machine in Hollywood, Florida today, near Miami-Dade and Fort Lauderdale. The state-of-the-art steel and glass structure stands eight stories tall with a 27-vehicle capacity offering Miami-area car shoppers a second location to enjoy a futuristic car buying experience in the U.S.
By Carvana · Via Business Wire · August 16, 2023
Carvana’s New Value Tracker Campaign Highlights Ease and Fun of Its Online Car Buying and Selling Experience With Kristen Bell and Dax Shepard
Carvana, an industry pioneer for buying and selling used cars online, today announced the launch of its new creative campaign, featuring one of Hollywood’s most charismatic couples, Kristen Bell and Dax Shepard. This partnership highlights Carvana's uniquely simple, speedy customer experience using the newly debuted Carvana Value Tracker—a free tool to quickly obtain a vehicle valuation and track a vehicle’s value against evolving market conditions. The pair are set to feature in a series of witty, comedic spots premiering this summer that also reinforce the brand's commitment to providing seamless and enjoyable car buying and selling e-commerce experiences for its customers.
By Carvana · Via Business Wire · August 14, 2023
Carvana Launches Value Tracker, Offering Free Custom Vehicle Value Tracking and Insights
Carvana, an industry pioneer for buying and selling used cars online, has today debuted Carvana Value Tracker, a free tool to quickly obtain a vehicle valuation, and track a vehicle’s value against evolving market conditions.
By Carvana · Via Business Wire · August 8, 2023
Carvana Launches Same Day Vehicle Delivery In Arizona Bringing New Level of Speed and Convenience to Local Customers
Carvana, an industry pioneer for buying and selling used cars online, is the first used auto dealer to provide select customers with the speedy and convenient service of online ordering with same day delivery. Carvana customers already benefit from an accessible, transparent and intuitive online car buying experience, and now have the opportunity to receive their new ride as soon as the same day they order it.
By Carvana · Via Business Wire · August 3, 2023
Carvana Fully Satisfies Public Issuance Requirements of Previously Announced Exchange Offer Transaction Support Agreement, Raising $225 Million Through At-the-Market Equity Offering Program
Carvana Co. (“Carvana” or the “Company”), the fastest growing used car dealer in U.S. history, today announced that it has raised $225 million through the issuance of approximately 4.9 million shares through its at-the-market equity offering program (“ATM”), fully satisfying the public equity requirement of its exchange offer transaction support agreement (“TSA”). The TSA, which was announced last week, provides significant financial flexibility to Carvana including reducing required cash interest expense by more than $430 million for the next two years, extending maturities, and lowering total debt outstanding by over $1.2 billion.
By Carvana · Via Business Wire · July 27, 2023
Carvana Partners with Kristen Bell and Dax Shepard in Upcoming Campaign To Illustrate the Ease and Fun of its Online Car Buying and Selling
Carvana, an industry pioneer for buying and selling used cars online, today announced a significant collaboration with one of Hollywood’s most charismatic couples, Kristen Bell and Dax Shepard, to show how Carvana’s simple online process has improved the car buying and selling experience making it fair, easy and fun. Kristen and Dax, who are known for their wit and keeping it real with their fans, will play their authentic selves in a series of national commercials and social videos launching this summer that bring to life several scenarios demonstrating how Carvana drives its customers happy.
By Carvana · Via Business Wire · July 20, 2023
Carvana Announces Agreement With Noteholders That Will Provide The Company Significant Flexibility as It Continues to Execute Its Profitability and Growth Plan by Reducing Total Debt, Extending Maturities and Lowering Near-Term Cash Interest Expense
Carvana Co. (“Carvana” or the “Company”), the fastest growing used car dealer in U.S. history, today announced that it entered into a transaction support agreement (the “Support Agreement”) with a group of noteholders representing over 90% of the aggregate principal amount outstanding of the Company’s existing senior unsecured notes.
By Carvana · Via Business Wire · July 19, 2023
Carvana Delivers Best Quarter In Company History For Adjusted EBITDA and Total Gross Profit Per Unit
Carvana Co., the fastest growing used car dealer in U.S. history, today announced financial results for the quarter ended June 30, 2023. Carvana’s complete second quarter 2023 financial results and management commentary can be found by accessing the Company’s shareholder letter on the quarterly results page of the Investor Relations website.
By Carvana · Via Business Wire · July 19, 2023