Carvana (CVNA) said Wednesday it will bring its Inspection and Reconditioning Center capabilities to ADESA New Jersey wholesale auction location while keeping its digital and in-lane auction operations on site.
The integrated facility will expand its production capacity and improve its offerings for retail and wholesale customers in the area, the company said.
Shares of Carvana were up more than 3% in recent trading.
Price: 220.12, Change: +7.53, Percent Change: +3.54
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