Carvana

Carvana is an online used car retailer and technology business based in Tempe, Arizona.

Source: en.wikipedia.org

Carvana and CarGurus Leverage AI to Drive Digital Transformation in Car Sales
Carvana and CarGurus Leverage AI to Drive Digital Transformation in Car Sales
February 21, 2025  |  Earnings

Consumer preferences are moving toward digital experiences in the online car marketplace, and Carvana and CarGurus are leveraging technology and artificial intelligence (AI) to improve...

READ MORE >
Carvana Renews Ties With Ally Financial After Hindenburg Report
Carvana Renews Ties With Ally Financial After Hindenburg Report
January 06, 2025  |  eCommerce

Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. The yearlong arrangement, announced Monday (Jan. 6), comes days...

READ MORE >
Carvana Rejects Hindenburg Research Allegations of ‘Accounting Grift’
Carvana Rejects Hindenburg Research Allegations of ‘Accounting Grift’
January 02, 2025  |  Retail

Hindenburg Research said Thursday (Jan. 2) that it has taken a short position in shares of online car dealer Carvana, alleging a “father-son accounting grift”...

READ MORE >
Contrasting Strategies by CarParts.com and Carvana Highlight Auto Industry Shifts
Contrasting Strategies by CarParts.com and Carvana Highlight Auto Industry Shifts
October 31, 2024  |  Ecosystems

In the auto parts and retail industry, companies face unique challenges and opportunities as they respond to changing consumer preferences and economic pressures. Recent third-quarter...

READ MORE >
Automakers, Carvana Report Mixed Q2 Results Amid Tech and Market Shifts
Automakers, Carvana Report Mixed Q2 Results Amid Tech and Market Shifts
August 02, 2024  |  Earnings

In the automotive industry, Q2 2024 brought a blend of triumphs and trials for the major players. As traditional automakers and innovative disruptors alike navigate...

READ MORE >
EV Ambitions on Hold: Ford Delays Canadian Electric SUV Production
EV Ambitions on Hold: Ford Delays Canadian Electric SUV Production
July 22, 2024  |  Transportation

Ford has announced its revised strategy for its Oakville Assembly plant in Canada, originally slated for electric vehicle (EV) production. Instead, the facility will focus...

READ MORE >
Carvana Adds New Features for Buying and Selling EVs
Carvana Adds New Features for Buying and Selling EVs
July 10, 2024  |  eCommerce

Online car marketplace Carvana has introduced new features for buying and selling electric vehicles (EVs). The company says its new streamlined process highlights vehicles qualifying...

READ MORE >
Carvana Expects New Car Production to Boost Used Car Sales
Carvana Expects New Car Production to Boost Used Car Sales
May 14, 2024  |  Transportation

Carvana reportedly expects that as more new vehicles are built, the company’s used car business will benefit. “There will likely be much more car production, and...

READ MORE >
Carvana’s Inventory ‘Constrained’ as Online Used Car Retailer Posts Record Q1
Carvana’s Inventory ‘Constrained’ as Online Used Car Retailer Posts Record Q1
May 01, 2024  |  Earnings

Online used car retailer Carvana reported “milestone” first quarter (Q1) results on Wednesday (May 1), fueling a 30% surge in its stock price. This strong performance...

READ MORE >