Cars

Carvana stock slides on bankruptcy risk

Carvana investors are fleeing as speculation swirls over the used car retailer's survival. Shares fell more than 30% during Wednesday's trading session.

Car insurance rates set to jump 7% in 2023

A new study from Insurify predicts that car insurance rates will increase 7% on average in 2023 after a 9% increase this year driven by inflation and increased repair and medical costs.

Ford Mustang Mach-E production hits 150,000

Ford has built over 150,000 Mustang Mach-E SUVs at its factories in Mexico and China. The battery-powered model is the company's best-selling electric vehicle.