Garcia and fellow cofounder Ben Huston have opposite personalities. The CEO says that is “tremendously important” to their ...

Not too long ago, Carvana was hailed as one of the great success stories of the pandemic era. But its fortunes have soured in 2022. Shares in the online used-car retailer have plummeted by around ...

For Carvana, the challenge will be maintaining investor confidence while addressing these allegations and proving its recent success is more than just a mirage.

Carvana stock slid Thursday after short-seller ... company’s share price in previous years—but Hindenburg called the success a “mirage.” The firm on Thursday accused Carvana of selling ...

Yahoo Finance announced that Carvana had earned the dishonor of being ... signs that the company isn't doing well. Many pandemic success stories are suffering as consumer spending habits shift ...

Ernie Garcia III is the chief executive of Carvana, and one of its cofounders. He founded the company initially as a subsidiary of DriveTime Automotive, a car dealer owned by none other than his ...

Carvana is emailing drivers offering to buy their used vehicles. Americans strapped for cash could jump on this opportunity and miss out on a demand increase. Here's where the used car market is ...

Carvana's stock has surged over 7,000% since December 2022, reaching a $52 billion valuation. The company was near bankruptcy in 2022 amid financial struggles and high interest rates. Wall Street ...

Carvana Co. late Wednesday set an ambitious long-term goal for itself and reported quarterly earnings that beat Wall Street’s expectations, and the stock rallied despite economic uncertainty and ...

Carvana Co. may have spooked investors late Wednesday as the online used-car platform saw a drop in its revenue per retail vehicle sold. Carvana CVNA reported fourth-quarter numbers that beat ...