Carvana posts wider Q4, 2018 losses as U.S. expansion rolls out

Carvana posted a wider fourth-quarter loss of $86.4 million as the used-vehicle upstart continued to spend heavily to expand into new markets. Revenue jumped 121 percent to $584.8 million as retail units sold climbed 105 percent to 27,750.

from Section Page News - Automotive News https://ift.tt/2XspXve via Falls Church auto repair