@WSJ.com Detroit Bureau Chief. Cars, manufacturing, robots occasionally. Texan in the Motor City. Former: EIC @insideevs.com, Contributing Writer @theatlantic.com, bylines in lots of places.
Patrick George
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We may be in a permanently lower new-car market due to high prices. But when people do buy cars, they look at these gas prices and say "no thanks"
www.wsj.com/business/aut...
Hybrid vehicle sales in the U.S. are up 33% vs. a year ago while overall vehicle sales are *down* 4.4%!
Yeah, gas prices matter
Sales of hybrid vehicles rose 33% in May from last year as buyers seek better fuel economy.
"The 50% U.S. content proposal is likely to be viewed skeptically by many automakers, who would struggle to source half of their content from U.S. sources."
www.wsj.com/politics/pol...
Carvana's furious growth isn't hard to figure out: no-haggle pricing for used cars, online shopping, delivery to your driveway.
Now it's applying the same playbook to new cars. The project is small for now, but it has traditional dealers freaking out. (Gift link)
www.wsj.com/business/aut...
We may be in a permanently lower new-car market due to high prices. But when people do buy cars, they look at these gas prices and say "no thanks"
www.wsj.com/business/aut...
When I use a tape measure, I can't say I think too deeply about which side(s) the numbers are printed on.
But that's apparently the reason Stanley Black & Decker is shutting down the last of its hometown factory, taking 300 jobs with it:
www.wsj.com/business/sta...
“If they were allowed to be sold in the United States, they would destroy the American car market.”
We went down to Mexico to see the cars that have the entire U.S. auto industry on edge. Here's why:
www.wsj.com/business/aut...
“The world has become a more unpredictable place, and I think it is absolutely clear that Europe needs to increase its defense profile... Should we be able to play a positive role in that, we would be willing to do so.”
www.wsj.com/business/aut...
The U.S. auto industry has locked into a lucrative business model: pricey trucks and SUVs for wealthier buyers, while everyone else hits the used lot.
“For now, things are going well" for automakers, one economist said. "But what happens if we hit another recession?”
www.wsj.com/business/aut...
I don't know if there was *any* way to sell the purists and the keyboard warriors on an electric Ferrari... but it really feels like this design needed some extra cooking time
www.theautopian.com/the-new-elec...
"Diners pay through a mobile QR-code system. Chinese electric vehicles whiz through the streets. Pyongyang has new pet stores, an internet-gaming cafe and car dealerships selling BMWs."
www.wsj.com/world/asia/n...
The pact with Mexico and Canada currently doesn’t have a U.S.-specific requirement.
GM, Ford and Toyota have said they are planning for new-car sales to stagnate or shrink this year, as prospective buyers stay on the sidelines of the market.