Ford and Tesla get friendly

Plus: Car market stats, Hyundai/LG's joint venture, and Jaguar and Porsche's new logos

June 02, 2023

Happy Friday morning. This is Car Alerts with your curated update from across the car world.

In today’s email:

  • Ford and Tesla ink new deal

  • Hyundai and LG’s latest investment

  • Americans are buying more cars

  • Porsche and Jaguar reveal new logos

  • Car models in oversupply

  • & more

📈 MARKETS

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

📰 HEADLINES

Ford EV owners will have access to over 12,000 Tesla superchargers starting in 2024 (Read more)

Porsche unveils new modernized logo to celebrate 75th anniversary (Read more)

Hyundai and LG announce a $4.3B EV battery factory in Georgia (Read more)

Americans are buying more new cars compared to last year as May sales are up 15.6% year over year (Read more)

Tesla’s Model Y was Q1’s best-selling car in the world, with Chinese sales leading the way (Read more)

There’s a 753-day supply of Jeep Renegades (and other cars) that are slow to sell (Read more)

Toyota and Daimler strike deal to merge their truck operations in Japan (Read more)

Ford recalls 142,000 Lincoln SUVs in the US for fire risks (Read more)

Jaguar Land Rover reveals a new logo for the JLR rebrand, which will market cars under four brand umbrellas (Read more)

Toyota recalls specific 2022 and 2023 Corolla Cross Models, about 96,000 vehicles (Read more)

VW and Audi agree to an $85 million diesel settlement in principle with Texas (Read more)

😎 COOL CARS FOR SALE

😂 FUNNIES

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

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