Canada, U.K. and European Union back off electric-vehicle targets as economic reality sets in and even China shows cracks The U.S. retreat from its electric-vehicle ambitions is spreading around the globe. In Canada, Prime Minister Mark […]
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Delinquency rates on subprime auto loans are at records One of the cylinders in the U.S. economic engine is causing some sputtering. Since the pandemic, buyers on auto-dealer lots have encountered surging sticker prices and […]
Clair Luttrell, 70, a retired railroad conductor living in New Braunfels, Texas, on his 1968 Dodge “Bengals” Charger R/T, as told to A.J. Baime In 1993, I was on vacation in Hazard, Ky. I was […]
When Tesla Inc. designer Franz von Holzhausen announced that his team would reconfigure the signature pop-out electronic door handles that had been criticized as a safety hazard, it was a rare admission that the company […]
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General Motors’ finance chief predicts car shoppers are going to come to dealer lots with a new question: “Where was this vehicle built?” That is because in President Trump’s new tax law, car buyers can qualify […]
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The consumer economy is cooling and car prices remain vastly higher from just a few years ago. But there is little sign that high car prices at dealers’ lots are weighing heavily on overall sales […]