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Carvana CEO recalls vending machines saving his business

Carvana CEO Ernest Garcia III discussed building his business back from two major disappointments at the Inc. 5000 conference in Phoenix.

Carvana’s car “vending machines” have served as a successful marketing strategy to build brand awareness and trust.
Founder Ernest Garcia III spoke about rebuilding the company after its stock value plummeted 99% in 2022.
Garcia advises entrepreneurs… [2755 chars]

Source: The Arizona Republic | Published: 2025-10-24T12:03:29Z

Credit: The Arizona Republic

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