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.
Management reiterated the 3 million units and 13.5% margin goal, but placed greater emphasis on automation, operational leverage, and the expanding digital experience. Analyst focus moved toward ...
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 ...
Auto loan fraud and credit washing scams are rising, with fraudsters boosting scores to access loans, even among low-risk ...