Auto Industry
Ford Beats and Raises Its Outlook, Lifting the Top of the Range by $500m
Ford shares rose about 6% after it beat expectations and raised full-year guidance, taking the top of its range to $10.5bn while…
Carvana Posted a Record Quarter and Fell 14%. The Guidance Did It.
Carvana sold 197,325 vehicles, up 38%, and set a record on adjusted earnings. Then it guided full-year profit below what analysts assumed,…