CarMax Inc.’s recent profit miss and the stock’s 20% selloff have made analysts at Morgan Stanley question the used-car retailer’s ability to operate in a “competitive” environment — and much more so ...
FRISCO, Texas (CBSDFW.COM) - The fast growing online used car dealer Carvana is under investigation by Texas regulators after selling vehicles some of its customers say they legally cannot drive.
Remember Carvana? I mean, how could you forget the online used-car “dealership” that grew explosively during COVID while helping fuel an equally explosive rise in used-car prices, only to immediately ...
Carvana previously struggled in a weakening used car market, but has resurged in a major turnaround. Growing efficiencies underline Carvana's advantageous business model and increasing moat. The Q2 ...
HOLLAND, Pennsylvania (WPVI) -- Carvana, a national used car dealer that brags about making car buying easier, is now facing a class action lawsuit that alleges unfair and deceptive practices. Some ...
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Ernest Garcia II made billions of dollars by timing his Carvana stock sales to perfection. As the used car retailer careens towards bankruptcy, his controversial cashout looks smarter than ever.
Shares of Carvana plummeted after the company announced worse-than-expected financial results for the third quarter. The higher cost of borrowing has hurt the used sales market, with people thinking ...