carvana ally financial news

Carvana, Ally

Carvana lands important loan sale deal with Ally Financial

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. An amendment to the master purchase and sales agreement reestablishes the loan purchases for a period from January 3,

Auto Remarketing · 4d

Carvana gains another $4B in financing through Ally

While the online retailer is facing much criticism and serious allegations from the investment community, Carvana gained more resources from one of its key financing providers. 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.

Business Insider · 4d

Carvana’s $4B loan purchase Ally deal should allay some concerns, says Baird

Carvana (CVNA) announced the renewal of an agreement with Ally Financial (ALLY) to buy up to $4B of auto finance receivables between January 3,

Zacks.com on MSN · 3d

Carvana Reinstates Loan Sale Agreement With Ally Financial

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 distancing itself from its partnership with the online car marketplace.

3don MSN

Carvana Stock Is Up 4,000% in Two Years. What Will It Do in 2025?

Carvana stock more than tripled in 2024, extending a two-year bull run that's returned 4,000% amid a turnaround effort that ...

Hosted on MSN1d

Carvana Stock Gained 284% in 2024. This Famous Short-Seller Says It’s Time to Abandon Ship.

Carvana (CVNA) experienced a remarkable turnaround, with its stock soaring by an incredible 284%, taking the market by ...

Carvana: Delineating Its Ebbs And Flows

Explore Carvana Co.'s potential in 2025, its business relationship with DriveTime, insider stock sales, credit sales, and ...

Why Carvana Stock Was Creeping Higher Today

It's easy to see why Carvana would attract the attention of a short-seller. The stock has surged since its bottom at the end ...

Carvana amending Ally pact ‘pokes at least one hole’ in short thesis, says BTIG

BTIG reiterated a Buy rating and $295 price target on Carvana (CVNA) after the company amended its Master Purchase and Sale Agreement with Ally ...

Why Are Carvana (CVNA) Shares Soaring Today

Shares of online used car dealer Carvana (NYSE: CVNA) jumped 5.6% in the morning session after the company announced new ...

Hoodline4d

Carvana Shares Plummet After Scathing Report by Hindenburg Research Accuses Firm of Financial Manipulation

Hindenburg Research's report on Carvana causes its shares to drop 11% amid accusations of poor practices and financial ...

3don MSN

Carvana gets its first upgrade since Hindenburg short-selling report

Carvana, the online used-car retailer that last week was the target of a short-selling research report, got its first broker ...

Carvana lending fears continue to be overblown, says JPMorgan

JPMorgan says that following Hindenburg Research’s short report on Carvana (CVNA), the key debates are now centered around four topics: Ally Financial (ALLY) partnership viability and new loan partner ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results