BHPH News

Carvana Co. announced financial results for the second quarter that exceeded its prior guidance. Gross profit per unit reached a record of $2,173. That is an increase of $672 year-over-year.…
Carvana announced four new markets in Pennsylvania. The online retailer is now offering delivery to customers in Harrisburg, Lancaster, Allentown and York-Hanover. Carvana debuted in Pennsylvania in October 2016, offering…
AutoNation Inc. saw a big jump in used gross profit in the second quarter. The chain reported that same-store used vehicle gross profit was $88 million. That is up 22…
Sonic Automotive Group Inc. set an all-time record for quarterly pre-owned retail unit sales of 35,779 units. The company’s EchoPark standalone used-car stores retailed 7,459 units during the second quarter.…
Carvana has launched its 13th car vending machine, located in Cleveland. This is the first car vending machine in Ohio. Standing eight stories tall, it can hold up to 30…
CarLotz, a Richmond, Va.-based used-vehicle consignment and remarketing business, will continue its nationwide expansion with the opening of its first store in Illinois. The newest store is located at 2150…
Carvana Co. will grow its presence in California. The online retailer is moving into the Sacramento market. Caravan first entered the California market in September, when it opened an operation…
DriveTime announced the opening of its Woodbridge, Va. dealership. Located 20 miles south of Washington, D.C., Woodbridge is home to the Leesylvania State Park and the Occoquan Bay National Wildlife…
DriveTime announced the relocation of its Sanford, Fla., dealership. Located three miles from the previous location, DriveTime is now at 3575 N. U.S. Highway 17-92, in Sanford. The new dealership…
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