Press Releases

Merger will create a leading omnichannel auto retailer Combination of complementary geographic footprints, with Shift’s strong presence on the West Coast and CarLotz’s retail stores in the mid-Atlantic region Upon close, combined company anticipated to have a cash position of approximately $125

Second Quarter Revenue Grew 51% versus Last Year to $76.5 million Second Quarter Retail Unit Sales of 2,421 Second Quarter F&I Revenue Grew 80% versus Last Year RICHMOND, Va., Aug. 09, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a consignment-to-retail used

RICHMOND, Va., Aug. 04, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, today announced a change to its previously announced second quarter fiscal 2022 earnings results conference call date.

RICHMOND, Va., July 18, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, will release its second quarter fiscal 2022 results after the U.S. stock market closes on August 8, 2022.

RICHMOND, Va., July 05, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, is pleased to announce that, effective as of July 1, 2022, it has appointed Nanxi Liu as a director to the Board of Directors

RICHMOND, Va., June 21, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, today announced the closure of 11 dealership stores, or “hubs,” as part of a strategic review of the business, with cash preservation

RICHMOND, Va., May 18, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), the nation’s largest consignment-to-retail used vehicle marketplace, announced today that the Company’s Compensation Committee has granted equity inducement awards of Class A common stock to

First Quarter Revenue Grew 11% versus Last Year to $63.0 million First Quarter Retail Unit Sales of 2,270 First Quarter F&I Revenue Grew 138% versus Last Year RICHMOND, Va., May 09, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail

RICHMOND, Va. , April 18, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (“The Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, will release its first quarter fiscal 2022 results after the U.S. stock market closes on May 9, 2022 .

Ozan Kaya Named President Eugene Kovshilovsky Named Chief Technology Officer RICHMOND, Va., March 31, 2022 (GLOBE NEWSWIRE) -- CarLotz (“The Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, today announced the appointment of Ozan Kaya to the role of