BHPH News

Carvana Co. is planning to offer, subject to market conditions and other factors, $300 million worth of senior notes. Carvana intends to use the net proceeds from this offering to…
Copart Inc. opened its seventh location in Brazil. The facility is located at Estrada da Roseira, 6.725, bairro Borda do Campo, São Jose dos Pinhais, near the city of Curitiba,…
Carvana has launched in four additional markets. The online retailer added three cities in Michigan: Grand Rapids, Lansing and Flint. It also moved into Fort Wayne, Indiana. Carvana established its…
Copart Inc. announced the opening of its newest South Carolina location. The facility is located at 1921 Nazareth Church Road in Spartanburg. The new Spartanburg facility adds 96 acres of…
America’s Car-Mart Inc. announced the opening of a new dealership in Fayetteville, Ark. The dealership is their second in Fayetteville and the 36th in Arkansas. This is the 2nd new…
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.…
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