Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. The yearlong arrangement, announced Monday (Jan. 6), comes days after a report by short seller Hindenburg Research claiming that Ally was stepping back from its partnership with the online...
Hindenburg Research said Thursday (Jan. 2) that it has taken a short position in shares of online car dealer Carvana, alleging a “father-son accounting grift” at the firm. In a report posted Thursday, Hindenburg said that Carvana’s turnaround is a “mirage,” that the company engaged...
In the auto parts and retail industry, companies face unique challenges and opportunities as they respond to changing consumer preferences and economic pressures. Recent third-quarter financial results from CarParts.com and Carvana highlight their differing strategies and performances in a competitive environment. As each company works...
In the automotive industry, Q2 2024 brought a blend of triumphs and trials for the major players. As traditional automakers and innovative disruptors alike navigate a landscape marked by rapid technological advancement and shifting consumer preferences, their quarterly performances offer a snapshot of broader industry...
October 31, 2024
In the auto parts and retail industry, companies face unique challenges and opportunities as they respond to changing consumer preferences and economic pressures. Recent third-quarter financial results from CarParts.com and Carvana highlight their differing strategies and performances in a competitive environment. As each company works to meet market demands, their results provide valuable insights into […]
December 19, 2017
Unattended retail may be making the used car salesman a thing of the past. In the latest Unattended Retail Tracker™, Ryan Keeton, co-founder and chief brand officer for Carvana, takes...
December 18, 2017
While some consumers may list shopping on their list of favorite activities, dealing with retail friction is nobody’s idea of a good time. But can tech-based solutions make everything from...
January 06, 2025
Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. The yearlong arrangement, announced Monday (Jan. 6), comes days after a report by short seller Hindenburg Research claiming that Ally was stepping back from its partnership with the online vehicle marketplace. A report by Bloomberg News noted that this […]
January 02, 2025
Hindenburg Research said Thursday (Jan. 2) that it has taken a short position in shares of online car dealer Carvana, alleging a “father-son accounting grift” at the firm. In a...
July 10, 2024
Online car marketplace Carvana has introduced new features for buying and selling electric vehicles (EVs). The company says its new streamlined process highlights vehicles qualifying for the Clean Vehicle Tax...
May 14, 2024
Carvana reportedly expects that as more new vehicles are built, the company’s used car business will benefit. “There will likely be much more car production, and that will probably bode well,”...
