Carvana Expands New Car Sales with Stellantis Dealerships

Corporate Action
โดย The Daily Upside. To receive·Read original
Summary · why it matters

Carvana is accelerating its push into the new vehicle market by converting its Stellantis franchise dealership in Dallas, Texas, into a test-drive center for its e-commerce platform. The Dallas location is one of seven Stellantis dealerships Carvana has acquired across the US, which it uses as regional distribution hubs for exclusively online new car sales. Internal Stellantis figures reported by The Wall Street Journal show that Carvana's Casa Grande, Arizona dealership has become the automaker's top seller nationwide, with monthly sales rising from as few as 30 cars before its 2025 takeover to as many as 350. The move comes as Americans spent $655 billion on new cars in 2025, compared with $524 billion on used cars, according to Cox Automotive data. Despite the expansion, Carvana shares fell more than 10% on Wednesday, dragged down by a 9% drop in CarMax shares after the rival reported sinking profit margins.

Impact on stocks 4

Consumer Discretionary▼ · 3 stocks
Carvana Co
CVNA
▼ NegativeDemandCapitalrelevance

Carvana expands new car sales via Stellantis dealerships, with strong sales growth at Casa Grande, but shares fell 10% due to CarMax's profit margin decline dragging the sector.

CarMax Inc
KMX
▼ NegativeCapitalrelevance

CarMax reported sinking profit margins, causing its shares to drop 9%, which dragged down Carvana.

Electrification & Mobility▲ · 1 stocks
Stellantis NV
STLA
▲ PositiveDemandrelevance

Stellantis benefits from Carvana's expansion; Carvana's Casa Grande dealership became Stellantis' top seller nationwide.

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