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- Americans pay record prices for cars
Americans pay record prices for cars
Happy Friday morning. This is Car Alerts with your weekly recap of the latest car news and market happenings.
In today’s edition:
Record high new-car prices
Spyker’s return
Hummer’s low demand & huge rebate
Recent recalls
and more
MARKETS 📈
Note: Stock market prices as of Friday’s market close.
HEADLINES 📰
New-car average transaction price hits record high in September, surges past $50,000 for the first time
Dutch supercar maker Spyker rescued from bankruptcy after a decade of struggle
General Motors to take $1.6 billion charge as tax credit blow muddies EV plans
Mercedes-Benz teases “Vision Iconic” concept, elegant but not subtle
National Corvette Museum is adding a new facility to preserve its growing collection of historic Corvettes
BMW’s newest special edition M2 keeps the stick shift, honors a legend
Car repair costs are exploding and it’s not just about tariffs
Glare-related crashes haven’t increased despite headlight complaints
10-minute EV charging is coming to America next year, but it could be overkill
Dealers offering huge rebates on GMC Hummer EVs after lackluster demand
RECALLS
BYD makes largest recall of over 115,000 cars due to design, battery issues
Ford recalls more than 59,000 vehicles and warns owners not to plug in the engine block heaters
A BMW engine starter recall includes nearly 211,000 vehicles at risk of fires
That’s all we have for you this week. We’ll see you next Friday with more car content.
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