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- Advance Auto Parts jumps 57%
Advance Auto Parts jumps 57%
Happy Friday morning. This is Car Alerts with your weekly recap of the latest car news and market happenings.
In today’s edition:
Advance Auto Parts stock soars 57%
New car sales rise in May
Tesla loses market share in China
Recent recalls
and more
MARKETS 📈
Note: Stock prices as of Thursday’s market close.
HEADLINES 📰
New-vehicle retail sales rise 1.1% in May as tariff-driven rush to showrooms tapers off; consumers spend record amount
Advance Auto Parts’ stock rockets 57%, as tariffs didn’t change retailer’s earnings outlook
Tesla dropped from No. 3 in March to No. 8 in April in the Chinese NEV market, as its local deliveries slipped
Musk says Tesla’s self-driving tests will be geofenced to ‘the safest’ parts of Austin
Nissan eyes cutting 2 Mexico plants in shift from emerging markets
Toyota considers making tiny trucks for US market as demand booms
BMW seems to be making a shooting brake, and it looks a bit like an M Coupe
Toyota teases redesigned 2026 RAV4 ahead of May 20 debut
RECALLS
That’s all we have for you this week. We’ll see you next Friday with more car content.
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