Will Strategic Use of ADESA Infrastructure Support Carvana's Goal?
Key Takeaways CVNA aims to sell 3 million cars annually with 13.5% adjusted EBITDA margins in 5 to 10 years. Carvana plans to expand from 23 to around 60 locations to boost vehicle reconditioning capacity. ADESA acquisition enables CVNA to scale efficiently by utilizing existing auction and inspection facilities.Carvana Co. (CVNA) is striving to improve in every aspect of its business. It is vigilant about where it earns money and where it spends it. It has an ambitious goal of selling 3 million cars a ye ...