Carvana profits grow as it leverages scale to boost efficiency
Image courtesy of Carvana.
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Wednesday, Aug. 6, 2025, 02:47 PM
Alysha Webb, Correspondent
Carvana’s revenue and income grew significantly in the second quarter of 2025. The used-car retailer’s executives attributed the growth to Carvana’s oft-stated long-term drivers, including more awareness and trust and improving the selection of vehicles offered.
They said the boost in profits was helped by the company’s ability to leverage its size and assets to operate more efficiently.