Ally Financial is tripling its bet on one of the auto industry’s disrupters by committing $ 2 billion to finance retail contracts for online used-vehicle retailer Carvana over the next year. Automotive News Breaking News Feed
Carvana Co. is opening a location in metropolitan Detroit. This increases Carvana’s reach to 32 markets. To celebrate its arrival in Detroit, Carvana is hosting an event at Hart Plaza on the Detroit Riverfront on July 22. Visitors can enjoy cool treats, music from Bluewater Kings Band and giveaways, all courtesy of Carvana.