(Bloomberg) — A pact among Carvana Co. creditors to work together as they negotiated how to restructure the used-car dealer’s massive debt load reached a pivotal moment last month, during a meeting with
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Shares of Carvana were on fire, up again today after the online seller of used cars turned in higher earnings than expected. The stock started the year at less than $5 and now
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Carvana, the troubled used-car retailer, on Wednesday announced that it had reached a debt restructuring agreement with most of its bondholders in an effort to lower interest payments over at least the next
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Residents may be driving cars that haven’t been certified as safe, a city report said. Three Honolulu motor vehicle employees were caught last year fraudulently modifying safety check records – a scheme that
Read MoreMaking good on a promise he made in February, Gov. Phil Murphy this week began the process of requiring all new car, SUV and light truck sales in New Jersey to be zero-emission
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BEV market share almost reached 19 percent in June, the highest level so far this year. Jul 18, 2023 at 1:06pm ET In June, new passenger car registrations in Germany increased by almost
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Chief Cabinet Secretary Hirokazu Matsuno holds a press conference in Tokyo on July 18, 2023. (Kyodo) Japan is set to ban the export of used cars to Russia as part of additional economic
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PORTLAND, Ore. — Some of the best and longest lasting memories roll through Southeast Portland at 26th and Holgate. You could say they’re “fuel-injected” by used car salesman Dale Matthews. At 82 years
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It’s no secret that used car prices are still sky-high, with relief looking long out. I get it, it’s hard to wait, and people want well-equipped, late-model crossovers on dealer lots now for
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Photo: Brandon Bell (Getty Images) New-vehicle inventory at dealers in the U.S. is continuing its slow and steady climb upward as production around the world recovers following the brunt of the pandemic. According
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