July 29, 2026 5:00 pm, EDT An employee unloads a vehicle from a flatbed truck at a Carvana vending machine location in Uniondale, NY (Angus Mordant/Bloomberg). key takeaways: Carvana reported record second-quarter adjusted EBITDA of $769 million on July 29, but shares fell 15% after hours as growth slowed and profits fell short of expectations.
The biggest car news and reviews, no BS Our free daily newsletter delivers the stories that really matter straight to you every weekday. Like many of us, Carvana is also trying to hide the Covid madness behind it. The online retailer grew massively during the pandemic, suffered a downturn as the used-car market cooled sharply
Michael Berlefin/Shutterstock There was a time when Caravan seemed to be on the verge of ruin, and we cataloged their every move and misstep along the way. However, despite its almost tragic losses, the used car carrier has bounced back, transforming into a company more valuable than