[ad_1] CNN — Prices for used cars have been high in recent years as inventory has been hampered by computer chip shortages and other pandemic-related woes. Luckily, for those who are currently shopping for a vehicle, many automakers are reporting they have more of the parts they need and are …
Read More »Bankruptcy worries swirl around used car retailer Carvana
[ad_1] New York CNN — Used car retailer Carvana, facing a cash crunch, could be headed towards bankruptcy, according to both published reports and a bearish analyst’s call that slashes its share-price target to $1. In mid-afternoon trading, Carvana, best known for its auto vending machine concept, stands at about …
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