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Carvana faces allegations of misleading financial practice

US-based automotive e-commerce brand Carvana saw its shares recently fall to US $191 per share after a report from Hindenburg Research accused it of financial misrepresentation. Hindenburg’s report, titled Carvana: A Father-Son Accounting Grift For The Ages, alleges that Carvana’s success is built on questionable...

Road deaths down for the 2024/2025 holiday period

The holiday period road toll provisionally stands at 13, which is just over half of last year’s total of 22. Road policing director Superintendent Steve Greally says while he’s pleased to have seen this number drop, any death on the roads is still one...

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Autotalk, New Zealand’s top car magazine, offers the latest news, reviews, and analysis from the automotive world. It features in-depth commentary and coverage of the car industry, motorsports, and cutting-edge vehicle technology. With its insightful features, Autotalk is a go-to source for anyone seeking an in-depth understanding of the automotive world.