Carvana up >800% this year

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

In today’s edition:

  • Carvana posts impressive earnings

  • Ford takes heavy EV losses

  • Volkswagen struggles

  • Recent recalls

  • and more

MARKETS 📈

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

HEADLINES 📰

Ford pauses F-150 Lightning production as Tesla Cybertruck heats up

McLaren Automotive to be sold to Abu Dhabi investment firm CYVN Holdings

RECALLS

Honda fuel pump recall includes 782,000 vehicles equipped with high pressure fuel pumps that may crack and leak fuel

GMC Canyon recall involves more than 15,500 trucks with headlights that may flicker while driving and while the trucks are in park

Ford has recalled more than 20,700 model year 2022 F-150 trucks because the parking lights may flicker when the headlights are turned on

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

Have feedback or want to get in touch? Please send us a note on Twitter (@CarAlerts). We’d love to hear from you.