“The momentum that we saw in the second quarter accelerated into the third, leading to record performance for Carvana,” Chief Executive Officer Ernie Garcia said. A rebound in sales has seen major automakers scramble to ramp up production and boost inventories at dealerships. Carvana also said it plans to offer up to $1 billion in aggregate principal amount of senior notes, due in 2025 and 2028. …read more
Source:: Yahoo Finance
