Trade experts were in lockstep when President Donald Trump levied a 25% tariff on foreign automobiles earlier this year: Car prices would go up and sales might decline. Those vehicles mostly are new, ...
Used car retailer Carvana, facing a cash crunch, could be headed towards bankruptcy, according to both published reports and a bearish analyst's call that slashes its share-price target to $1. In ...
Carvana stock was sliding Friday, a day after President Donald Trump threw yet another curveball at the auto industry when he floated the idea of raising the current 25% tariff rate on foreign ...