Higher production costs driven by Trump administration trade moves will likely push up new vehicle prices, analysts said.
President Donald Trump upended the U.S. car business by imposing “draconian” 25% tariffs on all cars imported to America and ...
the inflationary impact on new cars will eventually trickle down to used car prices by a similar amount, says J.P. Morgan analyst Rajat Gupta, adding that the impact could be even greater in the ...
If the devil is in the detail, Morgan has just produced a devilishly good-looking car boasting heavenly lines and a gorgeous ...
JP Morgan downgraded several auto marketplaces, including Openlane Inc (NYSE:KAR), CarGurus (NASDAQ:CARG), and Truecar Inc (NASDAQ:TRUE) citing significant headwinds from newly imposed 25% tariffs on ...
Carvana shares surged Tuesday as the online used car retailer's stock got an upgrade from Morgan Stanley analysts.
The 25% auto tariffs are reshaping the auto industry, creating a divide between winners and losers. While automakers are ...
“The trouble with tariffs, to be succinct, is that they raise prices, slow economic growth, cut profits, increase ...
Morgan Stanley analysts upgraded Carvana’s stock to an overweight rating, stating the Tempe-based company holds the potential to become the “Amazon of auto retail.” ...
Carvana (NYSE:CVNA) shares rose in early trading on Tuesday after Morgan Stanley upgraded the stock, citing an attractive ...