- Car Alerts Weekly
- Posts
- New car prices STILL falling 🚗
New car prices STILL falling 🚗
Plus: Fed holds rates, Used EV prices sinking, recent recalls, and more.
Happy Friday morning. This is Car Alerts with your weekly recap of the latest car news and market happenings.
In today’s edition:
New car prices continue lower
Used EVs cheaper than gas
Fed holds rates steady
Recent recalls
and more
MARKETS 📈
Note: Stock market data as of Thursday’s market close.
HEADLINES 📰
New-vehicle prices continue to trend lower, are down nearly 1% year over year in May
Prices of used EVs drop below used gas cars for the first time
Federal Reserve holds interest rates steady, impacting auto loans and dealer sentiment
Ford’s secretive, low-cost EV team is growing with talent from Rivian, Tesla and Apple
More than $1 billion in EV tax credits issued upfront to buyers, Treasury and IRS say
2025 BMW M2 gets 20-HP boost to 473 ponies, updated cabin
Most drivers would be OK with anti-speeding tech in vehicles, survey shows
RECALLS
Fiat Chrysler has recalled more than 211,000 Dodge Durango SUVs and Ram 2500 and 3500 trucks because of electronic stability control problems.
That’s all we have for you this week. We’ll see you next Friday morning with more car content.
Have feedback or want to get in touch? Please send us a note on Twitter (@CarAlerts). We’d love to hear from you.