Add Yahoo as a preferred source to see more of our stories on Google. Carvana markets itself as an easy way to buy a car. But some customers said they ended up instead with major headaches. Channel 2 ...

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.

OWASSO, Okla. — Used cars are a hot commodity. Prices are up just over 40%, according to the U-S Bureau of Labor Statistics. Sky-rocketing prices are due in part to scarcity brought on by the pandemic ...

Auto loan delinquencies are up, as are charge-offs. Lenders are also tightening their purse strings, suggesting they see growing risks. The marketability of bundled auto loans could soon fade, leaving ...

Carvana stock has had a nice run so far in 2023 — soaring 892%. With plunging revenue, a negative net worth, and a debt restructuring deal with considerable weaknesses, this Tempe, Arizona-based ...

In March 2026, Carvana’s board approved a 5‑for‑1 stock split, contingent on shareholder approval in May, while the company also rolled out same-day vehicle delivery and pickup for customers across ...

The used-car dealer isn't profitable yet has a material debt load. Although Carvana would like to grow its earnings, the leverage headwind is a major problem. When Carvana entered the used-car sales ...

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 ...

ATLANTA — 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 ...