🚗 Trouble in Detroit

Plus: Latest CPI report and gasoline prices, Tesla stock soars on Dojo supercomputer prediction, new-car market data, and more.

Happy Friday morning. This is Car Alerts with your weekly news and market update from the fast world of cars.

In today’s edition:

  • UAW plans strike

  • CPI report and gasoline

  • Tesla stock soars on analyst prediction

  • New-car sales peak

  • and more

MARKETS 📈

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

HEADLINES 📰

The United Auto Workers union says it will go on strike at three vehicle assembly plants as it presses Detroit companies.

Gasoline lights up U.S. consumer inflation; underlying trend steadily improving.

Tesla jumps as analyst predicts $600 billion value boost from Dojo, a supercomputer for training self-driving technology.

New-car prices virtually flat year over year in August due to declining EV prices, Tesla price cuts.

Honda debuts new electric scooter called the Motocompacto.

Ford doubles down on hybrid F-150 pickup trucks in 2024.

RECALLS & LAWSUITS

That’s all we have for you this week. We’ll see you next Friday morning with more car content.

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