Carvana Strikes Deal to Avert Cash Crunch

The used car salesman would sell stock and mortgage the property to pay off the new…

For Clues About Carvana’s Future, Look to Its Past

Shares of the struggling used car dealer are hot, but business has slumped and investors are…

CarMax Sees Sales Declines Ease as It Works to Lower Prices

Sales declined by 17% in the recently ended quarter as used car prices remained high due…

Carvana Shares Jump Nearly 50% as Company’s Profit Outlook Improves

The online used-car retailer says its cost-cutting efforts are taking hold.

Carvana Can’t Afford to Drive Away Business

The troubled used car seller’s selection could suffer if it continues to reduce inventory.

CarMax Picks Advantage Lanes

The used car retailer has managed to expand its gross margin in a tough sales environment.

CarMax Picks the Profit Lane

The used car retailer has managed to expand its gross margin in a tough sales environment.

WSJ News Exclusive | Ritchie Bros. Sweetens Deal for IAA, With Starboard’s Jeff Smith Set to Join Board

WSJ News Exclusive deal Canadian company increases cash payment to IAA shareholders from $10 to $12.80…

WSJ News Exclusive | Carvana Cuts Workers Amid Slowing Sales and Debt Squeeze

Carvana is cutting staff amid a continuing sales slump, as it tries to conserve cash to…

WSJ News Exclusive | Carvana Cuts Workers Amid Slowing Sales and Debt Squeeze

Carvana is cutting staff amid a continuing sales slump, as it tries to conserve cash to…