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 Co. (NYSE:CVNA) confirmed in an SEC filing that the auto retailer reestablished an agreement with Ally Financial (ALLY) to sell the lender up to $4 billion in used-vehicle loan receivables.

TEMPE, AZ – Carvana Co. (NYSE:CVNA), a $22.77 billion market cap online auto retailer, has entered into a significant agreement with Ally Bank and Ally Financial (NYSE:ALLY) Inc., collectively ...

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 Co. said it has reestablished an agreement with Ally Financial Inc. to sell the lender up to $4 billion in used-vehicle loan receivables over the next year, a move that counters one claim ...

BofA Securities expressed continued confidence in Carvana Co. (NYSE:CVNA), maintaining a Buy rating and a price target of $252.00. According to InvestingPro data, the stock has delivered an impressive ...