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- 🚗 New car prices (finally) declining
🚗 New car prices (finally) declining
Plus: Tesla recalls 2 million cars, EV record sales, UAW finds new target, latest studies from IIHS and J.D. Power, and more.
Happy Friday morning. This is Car Alerts with this week's latest car news and market happenings.
In today’s edition:
New-vehicle prices decline
Tesla recalls 2 million cars
EV sales set record
UAW goes after Hyundai, VW, Honda
and more
MARKETS 📈
Note: Stock market data as of Thursday’s market close.
HEADLINES 📰
U.S. new-vehicle prices down year-over-year for third straight month.
U.S. EV sales surpass 1 million units for the first time.
Auto finance websites and mobile apps lag digital offerings of comparable industries, J.D. Power finds.
US FTC finalizes car-buying rules to rein in junk fees, bait-and-switch.
EV charging sector undergoing consolidation as big energy companies are gobbling up smaller companies.
Bosch expects to cut 1,500 jobs by 2025 at two German sites.
2024 Chevy Camaro production extended, revising previous plans of halting production in 2024.
GM's struggling Cruise business to cut one-quarter of its workforce.
Hagerty releases “Bull Market List” of the 10 best collector cars to buy right now.
GM says it’s ditching Apple CarPlay and Android Auto for your safety.
RECALLS
Tesla recalls nearly all vehicles on US roads over lack of Autopilot safeguards.
GM issues stop-sale for Chevy Silverado and Sierra trucks with splitting roofs.
That’s all we have for you this week. We’ll see you next Friday morning with more car content.
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