Carvana hit with class action lawsuit
Carvana investors are filing a class action lawsuit against the retailer alleging that the company was not forthcoming about ongoing ...
Tag: Carvana
Carvana again expands co-sign offering
Carvana is expanding the number of states in which borrowers can add a co-signer to their loan in an effort ...
Carvana to allow co-signers in Fla. following Texas expansion
Carvana is looking to expand credit access in four markets in Florida by allowing potential borrowers to add a co-signer ...
Carvana Q2 originations grow 6.1% YoY
Rising interest rates and wider credit spreads are putting the squeeze on Carvana’s financing business, even as origination volume and ...
Executive compensation soars despite tanking stocks
Salaries among senior executives at publicly traded auto finance companies were flat last year, but total compensation tripled to nearly ...
Listen: E-commerce retailers focus on cost reduction in Q1
Automotive retailers Shift and Vroom focused on profitability rather than growth in the first quarter following rising interest rates and ...
Bonds backed by car loans are selling at fastest pace in years
Repackaged auto loans seem like an unlikely place for mauled credit investors to hide, but they are outperforming and issuance ...
Carvana cuts 2,500 jobs amid profitability woes
Carvana is reducing its workforce by 2,500 employees in an effort to better align staffing and expenses with sales volume, ...
