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Business

Shivani Kumaresan

Carvana Inks Strategic Partnership With ForeverCar

Carvana Co (NYSE:CVNA) has signed a partnership agreement with the digital omnichannel vehicle service contract platform, ForeverCar.
ForeverCar is part of CUNA Mutual Group, Madison, Wisconsin.
Under the agreement, the parties will offer post-loan vehicle protection as a monthly subscription offering.
"Carvana cares deeply about delivering incredible customer experiences, and in ForeverCar we found a partner that shares this focus and technology-driven approach," said Andy Lesko, Carvana Director of Ancillary Products.
Price Action: CVNA shares are trading higher by 2.57% at $150.09 on the last check Tuesday.

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