CNN
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Last 12 months was a wreck for Carvana, the on-line applied-vehicle seller identified for its tall glass “car vending machines.” In 2022, the organization offered fewer autos than it had the calendar year just before — the to start with time that is took place in nine decades — and the company’s losses grew as the applied automobile industry soured.
General, Carvana’s losses ballooned to $806 million, or $7.61 for each course A share of inventory, compared to $89 million in the last quarter of 2021. For the whole 12 months, the business missing $1.6 billion as opposed