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Most reliable cars ranked
Plus: August sales data, GM's class action lawsuit, and more.
Happy Friday morning. This is Car Alerts with your weekly recap of the latest car news and market happenings.
In today’s edition:
August sales data
Consumer Reports’ reliability rankings
GM faces class action
Recent recalls
and more
MARKETS 📈
Note: Stock market data as of Thursday’s market close.
HEADLINES 📰
August sales get boost from Labor Day retail sales surge; inventory also rebounding (J.D. Power)
US August auto sales show big volume, but little change to underlying dynamics (S&P Global)
GM must face big class action over faulty transmissions
Consumer Reports ranks 26 car brands based on reliability of their 5 to 10-year-old models
Polestar is getting a new CEO amid EV sales slump
Mazda is facing a new lawsuit over defective engines
RECALLS
Toyota recalls 47,000 Sequoias because the tow hitch covers can separate from the bumpers
Tesla recalls 9,500 model year 2016 Model X vehicles previously recalled in 2020.
That’s all we have for you this week. We’ll see you next Friday morning with more car content.
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