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CarLotz makes 'giant leap forward'

Posted at 9:13 AM, Oct 23, 2020
and last updated 2020-10-23 09:13:29-04

RICHMOND, Va. -- Move over, CarMax. Richmond will soon be home to a second publicly-traded used car retailer. CarLotz, the nearly 10-year-old Manchester-based vehicle consignment business, is preparing for a public stock listing on Nasdaq later this year in a deal that will fill its tank with more than $300 million in capital to fuel a nationwide expansion. Click here to continue reading on Richmond BizSense.

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