Carvana Tests Online-Only New-Vehicle Sales Model in Dallas

Industry
โดย CNBC·Read original
Summary · why it matters

Carvana is testing a new-vehicle retail model in Dallas that keeps every purchase online, using franchised dealerships as test-drive centers and service locations rather than traditional sales floors. The company has expanded to seven Stellantis franchised dealerships and plans to grow its new-vehicle business while supporting used-vehicle trade-ins. Carvana currently offers roughly 3,000 new vehicles nationwide compared with more than 60,000 used vehicles. The firm is refining inventory selection and customer experience before deciding whether to expand the Dallas concept.

Impact on stocks 3

Consumer Discretionary · 2 stocks
Carvana Co
CVNA
▲ PositiveDemandrelevance

Carvana is testing a new-vehicle sales model that could expand its revenue base beyond used cars.

Electrification & Mobility · 1 stocks
Stellantis NV
STLA
▲ PositiveDemandrelevance

Stellantis franchised dealerships are used as test-drive and service centers, potentially increasing vehicle sales.