Tag: Carvana

Carvana this week opened its first test-drive center in Dallas following expansion into the new-car market after it acquired several Stellantis dealerships.   ...

Carvana has lowered its interest rates as its profitability, sales and finance volume improve.  The Tempe, Ariz.-based retailer in the past year has ...

Carvana’s originations soared in the first quarter as the retailer increased product offerings and advertising and sales increased.  Carvana’s originations ...

S&P Global recently downgraded six classes of notes across most of Carvana’s prime asset-backed securitization deals issued in 2023 due to higher-than-expected losses.  “These ...

The auto finance industry continues to navigate heightened economic uncertainty as the Iran war drives oil prices higher, adding pressure to consumers already facing ...

Carvana has issued its first auto asset-backed securitization deal of 2026, and it’s the retailer’s first to include new-vehicle loans.   The online car retailer came to market with a $1.1 billion prime ...

Auto retailers and lenders are saving money, speeding processing and improving customer satisfaction by using AI for customer-facing products. For ...

Carvana’s originations rose in the fourth quarter as sales climbed and finance and insurance revenue increased.  Originations landed at $3.6 billion in Q4, up 59.2% year over ...