Carvana Acquires Dealership in Arizona to Enter New-Vehicle Market

Carvana Co. (CVNA) finalized a deal on Feb. 28, 2025, to acquire a franchised dealership in Arizona, per Automotive News. This move marks a potential shift into new-vehicle sales for the online retailer, which has exclusively sold used cars since its launch in 2013.The company purchased Jerry Seiner Chrysler-Dodge-Jeep-Ram in Casa Grande, AZ, which is around 45 miles south of its Tempe headquarters. While the purchase price remains undisclosed, the dealership will be renamed Casa Grande Chrysler-Dodge-Jeep- ...