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Car shipments to U.S. drop 72% in May
Happy Friday morning. This is Car Alerts with your weekly recap of the latest car news and market happenings.
In today’s edition:
Oil prices rocket after Israeli strike
Auto industry sales data
Musk releases robotaxi launch target
California EV rule blocked
Recent recalls
and more
MARKETS 📈
Note: Stock market data as of Thursday’s market close.
HEADLINES 📰
Oil prices surge 9% on heels of Israeli strikes, set for largest single-day gains in about five years
New-vehicle sales normalize, dealers manage leaner lots amid tariff uncertainty
Trump administration blocks California EV rules, threatens higher tariffs
BMW 5 Series is dominating in Europe, outselling the Mercedes E-Class
RECALLS
Mitsubishi has recalled 267,000 Outlander and Outlander Hybrid SUVs because of problems with the infotainment system software
A Kia K5 parking lights recall involves more than 82,000 model year 2025 cars with parking lights that may flicker
Mazda has recalled over 171,000 2024-2025 Mazda3 and Mazda CX-30 vehicles because the airbags may deactivate
That’s all we have for you this week. We’ll see you next Friday with more car content.
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