Monthly fees from EV's

No more Dodge Challenger, EV's force automakers to charge more, and a Corvette SUV

March 03, 2023

Happy Friday morning. This is Car Alerts with your curated weekly email of all things cars. Last week’s trend continues with more EV-related news.

Today’s email covers:

  • The end of the Dodge Challenger

  • Tesla building another factory

  • Monthly subscriptions for cars

  • GM turning the Corvette into an electric SUV

MARKETS

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

HEADLINES

Goodbye Dodge Challenger. After decades of production, the powerful American icon is being put to rest after 2023. (Read here)

Tesla’s new Gigafactory is coming to Monterrey, Mexico. Elon Musk revealed the plan during Investor Day, as part of his initiative to create a “sustainable energy economy.” (Read here)

Monthly fees will be the new normal. Lower margins are contributing factors as automakers transition to electric and look for solutions to make more money.(Read here)

4-Door Corvettes are in the works as part of GM’s plan to create a suite of EV cars (including an SUV) under the Corvette brand by 2026. (Read here)

COOL CARS FOR SALE

[European] ‘98 Mercedes-Benz SL500: A two-owner, low-mileage beauty.
[Muscle] ‘92 Dodge Viper: One of 285 made in 1992 with only 55 miles.
[Truck] ‘75 Ford F-100: An old school truck powered by a modern Coyote V8.

FUNNIES

That’s all for this week. We’ll see you next Friday morning with more content from the car world.

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