Americans owe $1.7T in auto debt

Happy Friday morning. This is Car Alerts with your weekly recap of the latest car news and market happenings.

In today’s edition:

  • Americans buried in auto debt

  • Tesla redesign following probe

  • Rivian breaks ground in Georgia

  • Recent recalls

  • and more

MARKETS 📈

Note: Stock market prices as of Thursday’s market close.

HEADLINES 📰

Americans owe over $1.66 trillion in auto debt as defaults and repossessions surge

Manufacturers need to find the sweet spot between screens and simplicity in the digital cockpit revolution, J.D. Power finds

Rivian breaks ground on $5B Georgia factory ahead of construction in 2026

Apple updates CarPlay with iOS 26, released on September 15th

Mercedes won’t use BMW engines after all, says “there’s no truth to this”

RECALLS

That’s all we have for you this week. We’ll see you next Friday with more car content.

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