Shares of Carvana have lost 90% of their value over the past year as sales growth plummeted and profitability sank. The company is battling declining affordability for used cars, driven by inflation ...
The plaintiff alleged that the company’s HR staff did not comply with a state family leave law that would have provided her ...
WHEN HE COULDN’T GET THE CAR REGISTERED HERE IN MARYLAND. ASHLEY: 11 NEWS I-TEAM REPORTER BARRY SIMMS SAYS HE ISN’T THE ONLY ONE COMPLAINING. BARRY: IT WASN’T SUPPOSED TENDO LIKE THIS. JO RIEDEL OF ...
Carvana’s Q3 earnings beat, but over 100% of net income came from loan sales, with rising subprime risks. Read why CVNA stock is downgraded to hold.
TAMPA, Fla. (WFLA) – Pennsylvania Consumer Attorney Robert Cocco says Carvana’s nationwide mishandling of title transfers breaks state laws and put consumers in distress. He has now filed two class ...
Carvana, the online used car selling platform that has made billionaires out of its founders, is also a little dubious because its valuation seems to depend, mostly, on its novelty. In a new report, ...
The used-car dealer isn't profitable yet has a material debt load. Although Carvana would like to grow its earnings, the leverage headwind is a major problem. The car dealer is focused on growing ...
As the adage goes: "A person who is his own lawyer has a fool for a client." The article "Carvana executive faces criminal charges in Illinois" (autonews.com, Sept. 26) is baffling. The title "general ...
Auto loan delinquencies are up, as are charge-offs. Lenders are also tightening their purse strings, suggesting they see growing risks. The marketability of bundled auto loans could soon fade, leaving ...
It’s been an interesting start to 2022 for Carvana and a new ruling in Illinois only serves to make its future more difficult. After some 90 complaints were filed with the state over title and ...