Cybertruck recalled, again

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

In today’s edition:

  • Rising dealer incentives

  • VW and Rivian team up, officially

  • Ford’s massive fine

  • Recent recalls

  • and more

MARKETS 📈

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

HEADLINES 📰

New-vehicle incentives climb higher in October, as many automakers work to clear inventory

Ford agrees to pay up to $165MM penalty to NHTSA for moving too slowly on a recall

Stellantis axes another 400 jobs in Detroit amid mounting layoff crisis

RECALLS

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

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