A potential shift to new car sales would signal a substantial turnaround for the company. In late 2022 and early 2023, there ...

Carvana shares surged over 50% since mid-January, driven by rebounding used car sales and market dismissal of the Hindenburg short report. A renewed credit facility with Ally Bank and plateauing ...

That was the vision TikTok user Tom Penn (@pennxl) had in mind when he purchased a Dodge truck from Carvana, the online car-buying service famous for its futuristic, glass-walled “car vending ...

Just like Carvana, Amazon Autos is an online platform aimed at simplifying the car buying experience. They want to free you from the headaches of the car dealership. Or at least, that was the idea ...

The used car market has seen a slight drop in car prices over the last six months, helping Carvana increase sales volume. Buyers may have also been incentivized by the fact that rates are set to ...

Carvana has established itself as a disruptive force in the used car market, leveraging its technology-driven approach to simplify the car buying and selling process. The company's online platform ...

The final quarter of 2024 was another impressive one for Carvana (NYSE:CVNA) as a top- and bottom-line beat in the fourth quarter was matched with increased car sales, higher profit per vehicle ...

Good morning. I first talked with Mark Jenkins, CFO of online car dealer Carvana in July about the company’s turnaround strategy of which the final step was a return to profitable growth.

Carvana has established itself as a disruptive force in the used car market, leveraging its technology-driven approach to simplify the car buying and selling process. The company's online platform, ...

Carvana redeemed itself in 2024, emerging as one of the most profitable and fastest growing publicly listed auto retailers. In the company's latest earnings call, CEO Ernie Garcia said 2024 ...