Hindenburg Research is targeting used car juggernaut Carvana in its latest investigation, which also takes aim at former veep ...

Carvana Co. CVNA has reinstated an agreement to sell $4 billion of used-car loan receivables to Ally Financial. This yearlong deal follows claims by short-seller Hindenburg Research that Ally was ...

Carvana's turnaround is overshadowed by its inflated valuation and questionable financial practices. Read why it's best to ...

Carvana Co. (NYSE:CVNA) confirmed in an SEC filing that the auto retailer reestablished an agreement with Ally Financial (ALLY) to sell the lender up to $4 billion in used-vehicle loan receivables.

Carvana stock more than tripled in 2024, extending a two-year bull run that's returned 4,000% amid a turnaround effort that has pulled the online used-car retailer from the brink of bankruptcy.

BofA Securities expressed continued confidence in Carvana Co. (NYSE:CVNA), maintaining a Buy rating and a price target of $252.00. According to InvestingPro data, the stock has delivered an impressive ...

Carvana revealed in a filing with the Securities and Exchange Commission on Monday that it amended the second amended and restated master purchase and sale agreement with Ally Financial.

Report questions Carvana's business relationship with DriveTime, Ally Financial Hindenburg’s report stated auto loans are a key part of Carvana’s business model, with 80% of its customers ...

(Bloomberg) -- Carvana Co. said it has reestablished an agreement with Ally Financial Inc. to sell the lender up to $4 billion in used-vehicle loan receivables over the next year, a move that ...

When people buy a car from Carvana, a loan originates from the retailer, but it then sells those loans to other companies. Its primary buyer for those auto loans was Ally Financial, but the bank ...

Deal With ALLY Offers Respite to CVNA Amid these allegations, Carvana managed to secure a significant deal with Ally Financial to sell up to $4 billion in auto loan receivables. This agreement ...