{"id":458006,"date":"2021-03-15T16:09:16","date_gmt":"2021-03-15T20:09:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=458006"},"modified":"2021-03-15T16:09:16","modified_gmt":"2021-03-15T20:09:16","slug":"carlotz-expands-footprint-in-home-state-of-virginia","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/carlotz-expands-footprint-in-home-state-of-virginia\/","title":{"rendered":"CarLotz Expands Footprint in Home State of Virginia"},"content":{"rendered":"<h2>\nCompany to Open Charlottesville Hub in May<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">RICHMOND, Va., March  15, 2021  (GLOBE NEWSWIRE) &#8212; CarLotz\u00a0(NASDAQ: LOTZ), the nation\u2019s largest consignment-to-retail used vehicle marketplace, announced today it will open a fourth hub in its home state of Virginia. The new hub, the Company\u2019s twelfth nationwide, located at 1389 Richmond Road in Charlottesville, is expected to open by the end of May. CarLotz currently operates its other Virginia hubs in Richmond, Midlothian, and Chesapeake.<\/p>\n<p align=\"left\">\u201cThe Charlottesville community is home to a great diversity of car buyers and sellers &#8212; students and educators, investors and innovators, all seeking a quality product, value, and service,\u201d said Michael Bor, Co-Founder and CEO of CarLotz. \u201cCarLotz\u2019 one-of-a-kind consignment-to-retail-sales model allows us to put more value back in the hands of buyers and sellers. You can get more money for your car when you sell through CarLotz and more car for your money when you buy from CarLotz,\u201d he continued. \u201cWe are excited to be a part of the Charlottesville community and believe this hub will provide meaningful growth as we expand our footprint across the southeast and throughout the Commonwealth of Virginia.\u201d<\/p>\n<p align=\"left\">Earlier this month, CarLotz announced that its first Tennessee opening, a hub in Nashville, is set to open by the end of March. CarLotz currently operates its full omni-channel offering out of 11 hubs nationwide including Virginia, North Carolina, Florida, Illinois, Texas, and Washington State.<\/p>\n<p align=\"left\">CarLotz will begin hiring for sales coaches, service techs, managers and other roles at the new Charlottesville location in the coming days. To learn more and apply, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=cvPtpAQDqwTieUfSGIQAINhbj0EbbxlhmpW-f7MItWcUhlPfnWVJt9Vpj0mfPlpAI13xSTKDpsAWVrZlkzdkCurKech6XBMOFO5YqAjNcuU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.carlotz.com\/careers<\/a> or reach out to\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NmqgeiZe3tCn3IzoKNIC-GEruHbc3jgYpZgeZG7V-plHBC4jX5T4yrg8g8ASNpwh0F2LVzEGKp8VokpD3GigoH6nFbGlREwDrfdFkSjR5po=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>careers@carlotz.com<\/u><\/a><\/p>\n<p align=\"left\">For additional information, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=PnswRM-NoLVg2DJLXTXmG4zZIpr-CaUpwgwBEK9gd0pNhZkmRqfUYeOtwO2X1Gi6PErbP2zthYBKDzI2AIzHYA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">carlotz.com<\/a>.\u00a0<\/p>\n<p align=\"left\">\n        <strong>About\u00a0CarLotz<\/strong><br \/>\n        <strong>, Inc.<\/strong><br \/>\n        <br \/>CarLotz\u00a0is a used vehicle consignment and Retail Remarketing\u2122 business that provides our corporate vehicle sourcing partners and retail sellers of used vehicles with the ability to access the previously unavailable retail sales channel, while simultaneously providing buyers with prices that are, on average, below those of traditional dealerships. Our mission is to create the world\u2019s greatest vehicle buying and selling experience. We operate a technology-enabled buying, sourcing and selling model that offers a seamless omni-channel experience and comprehensive selection of vehicles, while allowing for a fully contactless end-to-end e-commerce interface that enables no hassle buying and selling. Our proprietary Retail Remarketing\u2122 technology provides our corporate vehicle sourcing partners with real-time performance metrics and data analytics, along with custom business intelligence reporting that enables price and vehicle triage optimization between the wholesale and retail channel. Through our marketplace model, we generate significant value for both sellers and buyers through price, selection, and experience.<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDM3NyM0MDY1MTI3IzIyMDQ5MTE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/ee698978-6439-41b2-8ce1-57d5c6bf2d17\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>CarLotz Contacts:\r\n\r\nMedia Inquiries\r\nCarLotzPR@icrinc.com\r\nLeslie.Griles@carlotz.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Company to Open Charlottesville Hub in May RICHMOND, Va., March 15, 2021 (GLOBE NEWSWIRE) &#8212; CarLotz\u00a0(NASDAQ: LOTZ), the nation\u2019s largest consignment-to-retail used vehicle marketplace, announced today it will open a fourth hub in its home state of Virginia. The new hub, the Company\u2019s twelfth nationwide, located at 1389 Richmond Road in Charlottesville, is expected to open by the end of May. CarLotz currently operates its other Virginia hubs in Richmond, Midlothian, and Chesapeake. \u201cThe Charlottesville community is home to a great diversity of car buyers and sellers &#8212; students and educators, investors and innovators, all seeking a quality product, value, and service,\u201d said Michael Bor, Co-Founder and CEO of CarLotz. \u201cCarLotz\u2019 one-of-a-kind consignment-to-retail-sales model allows us to put more value &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/carlotz-expands-footprint-in-home-state-of-virginia\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CarLotz Expands Footprint in Home State of Virginia&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-458006","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CarLotz Expands Footprint in Home State of Virginia - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/carlotz-expands-footprint-in-home-state-of-virginia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CarLotz Expands Footprint in Home State of Virginia - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Company to Open Charlottesville Hub in May RICHMOND, Va., March 15, 2021 (GLOBE NEWSWIRE) &#8212; CarLotz\u00a0(NASDAQ: LOTZ), the nation\u2019s largest consignment-to-retail used vehicle marketplace, announced today it will open a fourth hub in its home state of Virginia. The new hub, the Company\u2019s twelfth nationwide, located at 1389 Richmond Road in Charlottesville, is expected to open by the end of May. CarLotz currently operates its other Virginia hubs in Richmond, Midlothian, and Chesapeake. \u201cThe Charlottesville community is home to a great diversity of car buyers and sellers &#8212; students and educators, investors and innovators, all seeking a quality product, value, and service,\u201d said Michael Bor, Co-Founder and CEO of CarLotz. \u201cCarLotz\u2019 one-of-a-kind consignment-to-retail-sales model allows us to put more value &hellip; Continue reading &quot;CarLotz Expands Footprint in Home State of Virginia&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/carlotz-expands-footprint-in-home-state-of-virginia\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-15T20:09:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDM3NyM0MDY1MTI3IzIyMDQ5MTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carlotz-expands-footprint-in-home-state-of-virginia\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carlotz-expands-footprint-in-home-state-of-virginia\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CarLotz Expands Footprint in Home State of Virginia\",\"datePublished\":\"2021-03-15T20:09:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carlotz-expands-footprint-in-home-state-of-virginia\\\/\"},\"wordCount\":441,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carlotz-expands-footprint-in-home-state-of-virginia\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE5MDM3NyM0MDY1MTI3IzIyMDQ5MTE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carlotz-expands-footprint-in-home-state-of-virginia\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carlotz-expands-footprint-in-home-state-of-virginia\\\/\",\"name\":\"CarLotz Expands Footprint in Home State of Virginia - 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The new hub, the Company\u2019s twelfth nationwide, located at 1389 Richmond Road in Charlottesville, is expected to open by the end of May. 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