Carvana extends loan sale deal with Ally Financial, refuting Hindenburg report

Carvana said it has reestablished an agreement with Ally Financial Inc. to sell the lender up to $4 billion in used-vehicle loan receivables over the next year, a move that counters one claim by short seller Hindenburg Research that the financier was pulling back on their relationship.

source https://www.livemint.com/market/carvana-extends-loan-sale-deal-with-ally-financial-refuting-hindenburg-report-11736184201169.html