Tag: Carvana

The auto finance sector has been pressured from all sides since COVID-19 took root in the U.S. With vehicle production ...

Editor's note: This article first appeared in the April edition of the magazine, available now. After a decade of exponential ...

American Honda Finance Corp.’s heavy reliance on capital markets for funding and liquidity could spell trouble for the captive as ...

Online used-car retailer Vroom is expanding its finance capabilities via two separate partnerships with the largest auto lending banks in ...

Ally Financial has doubled used-car retailer Carvana’s line of credit to $2 billion over the next year, the companies announced ...

Auto lenders are using a new, digital, wholesale sales platform to liquidate their off-lease inventory and repossessions, Bruce Thompson, chief ...

Carvana will adopt a two-shelf securitization structure in 2020, said Chief Financial Officer Mark Jenkins during the company’s Feb. 26 ...

Carvana continues to ramp up the number of cars it’s buying from consumers, according to fourth-quarter earnings report released yesterday. ...