Carvana Plans Colorado Megasite Expansion, Creating 100 Jobs

Carvana has announced the integration of its Inspection and Reconditioning Center (IRC) capabilities into its existing ADESA wholesale auction site in Colorado Springs, aiming to create an auction and reconditioning 'Megasite.' The 50-acre facility in Fountain, Colorado will maintain both digital and in-lane auction operations, expanding Carvana’s production capacity and enhancing its offerings for retail and wholesale customers. The integration is expected to generate approximately 100 new jobs and improve inventory selection, reconditioning capacity, and delivery times for local buyers. This move is part of Carvana's broader strategic expansion, which includes similar megasites in other U.S. cities, and aligns with efforts to streamline operations and improve customer experience. The company’s recent operational developments and market performance suggest a focus on efficiency gains and revenue growth, though financial challenges remain. Additionally, Carvana debuted a new electric vehicle car hauler, signaling ongoing innovation in its logistics network.