Carvanq announced plans for an auction and reconditioning ‘Megasite’ integration in Indianapolis. This effort will bring Carvana’s (CVNA) Inspection and Reconditioning Center, IRC, capabilities to the existing ADESA Indianapolis wholesale auction site, while maintaining digital and in-lane auction operations. The integrated site will expand Carvana’s overall production capacity and enrich its offerings for both retail and wholesale customers in the Indianapolis area.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CVNA:
- Carvana Co: Strategic Growth and Market Leadership Justify Buy Rating Amid High Valuation
- Cautious Optimism: Navigating Carvana’s Promising Momentum Amidst Market Volatility and Risks
- Evercore ups Carvana target, adds to ‘Tactical Outperform’ list
- Carvana price target raised to $350 from $300 at JPMorgan
- Short Seller Hindenburg Research Is Closing Shop