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Carvana is expanding into new vehicles. The implications could reshape the U.S. automotive retail market
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- After growing to become one of the largest used car retailers in the U.S., Carvana is expanding into the new vehicle market.
- Dealers and industry experts said they believe the move could significantly disrupt, if not reshape, the century-old new vehicle franchised dealer system.
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After growing to become one of the largest used car retailers in the U.S., Carvana is expanding into the new vehicle market.
The company has quietly purchased seven new vehicle franchises since last year that primarily sell Stellantis' Chrysler, Dodge, Jeep and Ram brands, including a store in Arizona that has become the automaker's largest volume store in the U.S.
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