Ally Financial downplays Carvana risk

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Carvana’s stock might be in freefall, but the company still has at least one fan: Ally.  Ally Financial Chief Executive Jeffrey Brown downplayed the auto lender’s risk exposure to Carvana’s ongoing financial woes Tuesday at Goldman Sachs’ 2022 U.S. Financial Services Conference, noting that the lender is in “daily, weekly talks” with Carvana Chief Executive […]





Source : AutoFinanceNews