Carvana’s Stock Plummets Amid Bankruptcy Fears
Creditors join together to negotiate with used-car retailer.
Creditors join together to negotiate with used-car retailer.
Involves reports of loss of power and braking.
November’s SAAR of 14.1 million units rose 7.9% compared to November 2021 but was down 6.5% compared to October 2022.
Apple Inc. has postponed the launch date for its self-driving electric vehicle to 2026, reports people with knowledge of the matter.
Vietnamese EV-maker has filed for IPO to fund a manufacturing plant in North Carolina with a projected capacity of 150,000 EVs a year.
After the slowdown in depreciation during the week of Thanksgiving, the depreciation picked up the pace once again last week, but the overall market did not experience the level of declines seen before the holiday.
Safety, comfort, and radio/audio rank highest as vehicle third space design priorities.
Report shows several market pressures resulted in shift. Battery packs cheapest in China.
German carmaker opens first-ever store dedicated to EVs.
Carmakers trying to work out matters of importance to each.
Groups in three states file complaints over required investments, restrictions.
36 states alleged the used-car retailer sold cars with open safety recalls without letting buyers know.
Helped by improved inventories, they could help make up for retail sales slowed by larger economic conditions.
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