Episode #1410: Today we’re talking about Carvana’s record-setting quarter and massive growth ambitions, Zoox becoming the first paid U.S. robotaxi approved without human controls, and a hands-on summer camp helping middle schoolers discover the skills and careers waiting inside the automotive industry.
news.dealershipguy.com/p/carvana-logs-record-q2-with-197k-units-sold-7-4b-in-total-revenue
Carvana just put up its biggest quarter ever, selling more than 197,000 vehicles and generating $7.4 billion in revenue. The online retailer is scaling production, expanding ADESA capacity, and still says its long-term target of 3 million annual sales is firmly on the table.
- Q2 sales jumped 38% year over year to 197,325 units, nearly double the company’s volume from two years ago.
- Carvana is now pacing toward roughly 800,000 vehicles this year, while reaffirming its goal of reaching 3 million annual sales sometime between 2030 and 2035.
- Three more ADESA sites joined Carvana’s retail ...