Car-price increases were a factor in the inflation that has roiled the economy over the past couple of years. New-vehicle inflation contributed nearly 1 percentage point to the rise in inflation over those three years. The Federal Reserve has been aggressively lifting interest rates to cool down the economy, hoping to tame prices. The role of corporate profits […]

By Ryan Felton The dismal results were largely driven by continuing supply-chain problems and difficulties keeping factories running flat out, leaving dealers with little to sell and consumers paying top dollar to secure what was available. The industry also is rebounding from a troubled start to 2022, when Russia’s invasion of Ukraine sparked troubles across the auto-industry […]

By: Sean McLain at sean.mclain@wsj.com and Andrew Duehren at andrew.duehren@wsj.com

His new car rules are a de facto order to make and buy EVs By The WSJ Editorial Board

Only 10 electric vehicle models will qualify for a full $7,500 tax credit when increasingly stringent critical mineral and battery component sourcing requirements take effect Tuesday. Seven models are eligible for a partial credit of $3,750 under the tougher eligibility rules, while nine previously eligible models would no longer qualify, according to an updated list released Monday. […]

The state, heavily dependent on the auto industry, is a case study in whether electric vehicles will create or destroy jobs By Jack Ewing

By Sabrina Siddiqui and Mike Colias

What is surprising is that Li has overtaken NIO to lead the new generation of Chinese startups. Li doesn’t make the purely electric vehicles that were popularized by Tesla and that have become the technological focus of other startups and most old-school car manufacturers. Instead, it specializes in extended-range EVs, which use a generator to power up the […]