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Elon gets snubbed
Happy Friday morning. This is Car Alerts with your weekly recap of the latest car news and market happenings.
In today’s edition:
Judge rules against Elon Musk
Nissan’s struggles
Consumer Reports’ reliability ratings
Recent recalls (lots of them)
and more
MARKETS 📈
Note: Stock market data as of Thursday’s market close.
HEADLINES 📰
US light vehicle sales at 3.5-year high in November
New Year’s Eve and New Year’s Day are the best times to buy a used car, with 47.9% more deals than average
Recaro Automotive has been saved from bankruptcy with investment from Proma Group
Some Infiniti dealers are merging with Nissan locations as they struggle to make a profit
Stellantis CEO resigns as carmaker continues to struggle with slumping sales
Subaru posts impressive sales results showing 28 consecutive months of yearly month-over-month growth
Nissan's situation gets dire: “12 or 14 months to survive”
Jaguar finally reveals its all-electric Type 00 after a contentious rebrand
Rogue Tesla drives off rooftop with occupants trapped inside
RECALLS
Honda recalls 206,000 vehicles for problems with the fuel filler tubes and fuel filler pipes
A Hyundai Santa Fe and Santa Fe Hybrid recall involves about 35,000 model year 2024 SUVs with knob problems
Porsche recalls about 3,000 Macan Electric vehicles with headlights that may blind other drivers
Hyundai recalls 43,000 vehicles that can be shifted out of PARK without using the brake pedals
More than 2,700 Ford F-150, Ford Expedition and Lincoln Navigator vehicles equipped with 3.5L GTDI engines are recalled in the U.S. and Canada
Nearly 17,000 Range Rovers recalled due to cracked upper knuckle joints.
Maserati says about 1,700 vehicles need software updates to keep the rearview cameras working.
That’s all we have for you this week. We’ll see you next Friday morning with more car content.
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