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- Carvana up >800% this year
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 📰
Carvana stock jumps 20% on Q3 earnings beat and record profit
Ford pauses F-150 Lightning production as Tesla Cybertruck heats up
McLaren Automotive to be sold to Abu Dhabi investment firm CYVN Holdings
Volkswagen plans to close “at least” 3 German plants and cut thousands of jobs
VinFast in non-binding $1B funding deal with UAE investors, source says
RECALLS
More than 1,600 Volkswagen Atlas and Atlas Cross Sport vehicles are recalled because they could lose braking ability
Honda fuel pump recall includes 782,000 vehicles equipped with high pressure fuel pumps that may crack and leak fuel
BMW braking and control problems have caused a recall of 11,500 vehicles that could lose their power brakes
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.
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