1. EachPod

Carvana Buys Adesa & GM Patrick Abad of Beaver Toyota Joins Us

Author
More Than Cars Media Network
Published
Fri 25 Feb 2022
Episode Link
None

Shoot us a Text.

We. Have. Thoughts. When Carvana jumps into the dealer space by taking control of one of the largest auction houses in the country, there is no doubt dealers will be pulling out their microscopes on the platform. We also welcome Patrick Abad to the podcast and are talking about how he leans into community and culture at his store.

  • Carvana/KAR Global to Acquire ADESA for $2.2B
    • ADESA US will expand Carvana's annual production by 2M to over 3M
    • 78% of the US population will be within 100 miles of a Carvana inspection and reconditioning center once ADESA's 56 US sites join the fold.
    • Carvana has received financing of up to $3.275B for the purchase and $1B in improvements across the sites.
    • Four thousand five hundred corporate and operation team members will transition once the deal is complete.
  • Beaver Toyota Cumming celebrates local community
    • Trips for local law enforcement
    • Forsythe County business awards
    • Frictions Points in Dealership

Sign up for the ASOTU Daily Push Back email at https://www.asotu.com/

Listen to other episodes: https://www.asotu.com/media/podcasts

Read the most recent Daily Push Back email at: https://www.asotu.com/media/push-back-email

Share positive dealer stories: https://www.asotu.com/positivity

Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.

Get the Daily Push Back email at https://www.asotu.com/

JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/

Share to: