Tag: bloomberg news

Carvana Co. said it will eliminate about 1,500 jobs, adding to the growing list of layoffs across corporate America as ...

It took Carvana Co. just a few years to grow from a startup to the second-biggest used car seller in the US. ...

US inflation cooled in October by more than forecast, offering hope that the fastest price increases in decades are ebbing ...

Subprime auto loan borrowers are increasingly falling behind on payments, and the value of used cars is dropping, two trends ...

Toyota Motor Corp. lowered its production target while sticking to a conservative profit outlook because of a persistent shortage of ...

The US economy rebounded following two quarterly contractions thanks in part to resilient consumers and businesses, though inflation and higher ...

Autonomous vehicle companies and suppliers have collectively spent around $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from robo-car ...

Tesla Inc. shares declined in early trading after the electric-car maker reported lower-than-expected revenue and acknowledged it isn’t immune from economic headwinds. ...