Carvana markets itself as an easy way to buy a car. But some customers said they ended up instead with major headaches. Channel 2 consumer investigator Justin Gray learned Carvana faces multiple class ...
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 ...
On the surface, Carvana (NYSE: CVNA) looks like it had a spectacular turnaround year in 2023. Earnings rocketed from a $15.74 per share loss in 2022 to a profit of $4.12 per share. And it also seems ...
Amidst mounting legal challenges, a popular online car dealer that had its Illinois license briefly suspended earlier this year has been given the green light to sell vehicles on a restricted basis.
KANSAS CITY, Mo. — The newest and flashiest player in the car business, Carvana, has some of its customers upset. Customers say the company, which sells cars online and then delivers them to your door ...
Carvana struck a deal with most of its lenders to issue shares, swap notes, and reduce its debt. This solves the near-term issue of survival, but the debt will balloon back over the next two years as ...
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 ...
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