EVs cost almost 50% more to insure

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

In today’s edition:

• Tariffs not stopping American buyers

• EVs expensive insurance costs

• Waymo to start testing in NYC

• Recent recalls

• and more

MARKETS 📈

HEADLINES 📰

Americans are still shopping for cars despite cars

EVs cost 49% more to insure than gas-powered cars, data reveals

Mercedes-Benz in talks to use BMW engines for future petrol cars

Waymo approved to start autonomous vehicle testing in New York City

The final R35 Nissan GT-R has rolled off the production line at Nissan’s Tochigi plant

IRS allows some flexibility on end of EV tax credit

The Boring Company is finally testing Tesla’s ‘Full Self-Driving’ in its Las Vegas tunnels

Chevy Corvette Z06, ZR1 hit with recall and stop-sale over fire risk concern

Volvo creates independent insurance agency for its customers

Sports car manufacturer Lotus to cut 550 jobs

How Tesla and Waymo's radically different robotaxi approaches will shape the industry

Cadillac F1 signs Valtteri Bottas and Sergio Perez, its first-ever drivers

RECALLS

Ford recalls about 500,000 vehicles because the rear brake hoses may rupture and leak brake fluid

Ford truck instrument panel failures have caused a recall of more than 355,000 F-Series trucks

Nearly 24,000 Chevrolet Corvettes are recalled after at least four fires were reported

Mercedes-Benz has recalled about 4,300 EQE and GLC vehicles to prevent drivers from losing steering control

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

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