Carvana reported a net loss of $105 million in the second quarter, an improvement from a loss of $439 million in the same period last year. The company also announced a new deal with note holders to reduce its debt by about $1.2 billion.
Abigail Ham is a Financial Aid Counselor by profession, but also has a passion for writing about automotive news. She has contributed articles to publications such as Automotive News, Crain's Detroit Business, Environment America, and PIRG, with her work also appearing in MiBiz. Abigail's articles cover a range of topics within the auto industry, including finance, consumer trends, and sustainability.