Carvana’s 9,000% rally faces profit test as used-car woes mount
The used-car industry isn’t exactly on firm footing, going by recent events. A major lender went bust just before a ...
The used-car industry isn’t exactly on firm footing, going by recent events. A major lender went bust just before a ...
Auto companies saw mixed results in the second quarter related to sales and finance volume, as Carvana’s originations surged, Ford ...
Inventory levels across the industry were mixed for new and used vehicles in the second quarter, evidenced by VIN-level data ...
Carvana’s second-quarter earnings showed significant gains in originations and sales. Originations totaled $3.1 billion, up 51.1% year over year and ...
Investors pumped $1.9 billion of capital into auto fintechs through June as the average transaction size inflated, according to an ...
While loan servicers are eyeing AI to make collection calls cheaper and faster, a recent study suggests non-human debt collectors ...
Carvana has implemented request for payments technology and instant payments capabilities for down payments on vehicle purchases, allowing consumers to ...
Carvana issued its second prime auto asset-backed securitization transaction of the year today as the retailer eyes continued portfolio growth ...