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Tesla struggles in Europe

Happy Friday afternoon. This is Car Alerts with your weekly recap of the latest car news and market happenings.
In today’s edition:
KBB’s ‘Best Buy Award’ winners
Honda/Nissan merger fizzles out
Tesla sales struggle in Europe
Recent recalls (mainly from Toyota)
and more
MARKETS 📈

Note: Stock market prices as of Friday morning.
HEADLINES 📰
Supersizing vehicles offers minimal safety benefits — but substantial dangers, IIHS finds
Tesla numbers struggle abroad as sales crash in Europe and the UK
Porsche shares tumble as carmaker warns cost of new models to dent 2025 margins
Nissan set to step back from merger with Honda, sources say
Volkswagen, Audi dealers sue Scout Motors over sales model
Mitsubishi Motors profit forecast down 76% due to sluggish sales, high costs
Korea pumps $23 billion into EV batteries and biotech in bid to spur growth
RECALLS
Recall affects 42,000 Toyota Camry, Lexus NX and Lexus RX second-row seat belts.
Toyota recalls 110,000 Tacomas equipped with 16 inch brakes and 17 inch Toyota wheels.
More than 20,000 model year 2025 Forester SUVs need their 18 inch aluminum alloy wheels checked.
That’s all we have for you this week. We’ll see you next Friday with more car content.
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