Key Points Carvana continued to report strong growth in the third quarter. Guidance indicated that vehicle sales could decline sequentially. There are signs in the industry that auto loan delinquencies are rising. 10 stocks we like better than Carvana › Shares of Carvana (NYSE: CVNA) were heading lower today as disappointing guidance overcame better-than-expected results in its third-quarter earnings report. The report also comes as investors have been spooked by rising auto delinquencies and th ...

The growing costs to buy and maintain a car – exacerbated by inflation and tariffs – are leading to rising auto loan defaults and repossessions and a potential crisis for American consumers left unprotected by the federal government, according to a new report by a consumer advocacy organization. The record number of defaults is a canary in the coal mine for large-scale economic problems, the Consumer Federation of America warned. "Delinquencies, defaults, and repossessions have shot up in recent years an ...