Carvana Co. CVNA has reinstated an agreement to sell $4 billion of used-car loan receivables to Ally Financial. This yearlong deal follows claims by short-seller Hindenburg Research that Ally was ...

Carvana revealed in a filing with the Securities and Exchange Commission on Monday that it amended the second amended and restated master purchase and sale agreement with Ally Financial.

Used car e-commerce platform Carvana (CVNA) renewed its deal with Ally Financial (ALLY), which will allow it to sell up to $4 billion in car loans over the next year. This pushes back against ...

JPMorgan analyst Rajat Gupta increased the price target for Carvana Co. (NYSE:CVNA) shares to $350 from $300, while maintaining an Overweight rating. The new target represents the highest among ...

Carvana (CVNA) said in a regulatory filing that on January 3, a subsidiary of the company, Ally Bank, and Ally Financial (ALLY) “amended the Second Amended and Restated Master Purchase and Sale ...

Carvana (CVNA) announced the renewal of an agreement with Ally Financial (ALLY) to buy up to $4B of auto finance receivables between January 3, 2025, and January 2, 2026, essentially replacing a $ ...

Carvana's balance sheet remains another risk factor to pay attention to. As of Sept. 30, Carvana carried $5.6 billion of long ...

Carvana Co. CVNA has reinstated an agreement to sell $4 billion of used-car loan receivables to Ally Financial. This yearlong deal follows claims by short-seller Hindenburg Research that Ally was ...