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Why investors have jumped off the Carvana bandwagon

Ernie Garcia, CEO, CarvanaScott Mlyn | CNBCDETROIT – Last year, Carvana CEO and cofounder Ernie Garcia went on a victory lap.He touted the...

Ford warns investors of an extra $1B in supply chain costs during Q3

2023 Ford F-150 Raptor RFordDETROIT – Ford Motor on Monday warned investors that the company expects to incur an extra $1 billion in...

GM ups spending on EVs and autonomous vehicles to $35 billion by 2025

GM CEO and chairman Mary Barra speaks during an "EV Day" on March 4, 2020 at the company's tech and design campus in...

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