Carvana has reported that electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) made up 9% of total vehicles sold in Q2 2025, up from just over 2% in Q2 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Carvana said Wednesday (July 30) that it achieved record retail unit sales and revenue in the second quarter as it continued to refine its online automotive retail business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Consumer preferences are moving toward digital experiences in the online car marketplace, and Carvana and CarGurus are leveraging technology and artificial intelligence (AI) to improve the buying process. Both companies reported strong performances in 2024, using digital tools to optimize customer engagement and refine their...
Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
October 31, 2024
In the auto parts and retail industry, companies face unique challenges and opportunities as they respond to changing consumer preferences and economic pressures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. […]
December 19, 2017
Unattended retail may be making the used car salesman a thing of the past. In the latest Unattended Retail Tracker™, Ryan Keeton, co-founder and chief brand officer for Carvana, takes...
December 18, 2017
While some consumers may list shopping on their list of favorite activities, dealing with retail friction is nobody’s idea of a good time. But can tech-based solutions make everything from...
October 29, 2025
Carvana said Wednesday (Oct. 29) that its eCommerce platform for buying and selling used cars enabled it to increase its units sold and its revenue at a time when other public retailers’ sales are flat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content […]
August 06, 2025
Carvana has reported that electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) made up 9% of total vehicles sold in Q2 2025, up from just over 2% in Q2...
January 06, 2025
Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
January 02, 2025
Hindenburg Research said Thursday (Jan. 2) that it has taken a short position in shares of online car dealer Carvana, alleging a “father-son accounting grift” at the firm. Get the...
