Carvana holds off on loan sales
Carvana held onto a higher volume of finance receivables on its balance sheet in the first quarter to maximize yield ...
Tag: Adesa
BlackRock, Knighthead among Carvana’s other key creditors
The future of Carvana rests with investment firms including BlackRock, Ares Management and Knighthead Capital Management, as well as Apollo ...
Carvana finance arm remains bright spot despite debt funding struggles
Carvana’s finance arm remains well positioned for capital market funding despite the retailer’s struggle to sell a $3.3 billion debt ...
Vroom sees 92% YoY increase in e-commerce units sold in Q4
Vroom benefited from improving used-vehicle inventory, continued strong demand and brand recognition during the fourth quarter of 2021 as the ...
Carvana originations slow QoQ as the retailer ‘hedges’ against future rate increases
Origination growth at Carvana slowed in the fourth quarter amid logistic network constraints as the retailer began hedging against future ...
Auction values uncertain amid market turbulence
As the impact of the COVID-19 pandemic continues to spread, vehicle auction companies are still determining how the virus will ...
Colorado dealership investigated for floorplan fraud
Used-car dealer Tripoli Auto Sales has come under investigation by the Auto Industry Division of the Colorado Department of Revenue ...
KAR Steps Up Vehicle Valuation Capabilities in Online Auction Platform
© Can Stock Photo / happyalex KAR Auction Services has plans in motion to make online remarketing platform Openlane accessible on any device ...
