Just after a report called the company a 'grift', Carvana might be setting aside a fund for customers who bought cars in the ...
Officials say Attorney General William Tong will announce a settlement with online used car dealer Carvana Tuesday following ...
Other states, such as Maryland and Pennsylvania, have also had complaints from customers of Carvana, the company with giant car vending machines, about title and registration issues with the ...
A recent short-seller report suggests Carvana is using unethical accounting, lax underwriting, biased auditors and ...
Tong said in an email that the settlement establishes a $1 million consumer restitution fund, in addition to a $500,000 ...
Though the company is known for its office building-sized car vending machines, the essence of its business is the writing and flipping of subprime auto loans. Former Carvana employees told ...
The automotive e-commerce market is poised for significant growth, driven by technological advancements, changing consumer preferences, and economic factors.
Carvana is an online used car dealer, although they do have some physical locations, designed to look like a car vending machine. The company has faced similar allegations in other states like ...