Carvana Follows Amazon Out of Cyberspace and Into the Physical World

Published by
The Street

By Tony Owusu Carvana is spending big bucks to makes sure nearly 80% of U.S. citizens live within 100 miles of one of its physical fulfilment centers. Carvana (CVNA) – Get Carvana Co. Class A Report is being proactive as it fights against rising used car prices and increased competition amid a global shortage of semiconductors that continues to hamper the auto industry. Used vehicle sales totaled 40.9 million units in 2021, according to Cox Automotive, an all-time record that represented 10% year-over-year growth. This increase was despite prices that soared in 2021, bringing the Manheim Used …

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