Articles

  • 6 days ago | wsj.com | Mike Colias |Becky Peterson

    Auto executives wanted to focus on splashy vehicle debuts; instead, tariffs dominated events and discussionsNEW YORK—Auto executives gathered at the New York Auto Show this week, hoping for a respite from the months of triaging tariffs. They got only a brief one. The show floor was packed with shiny new sheet metal and lively vehicle debuts set to thumping music. There was a track inside New York’s sprawling Javits convention center for drivers looking to test the latest EV models.

  • 1 week ago | wsj.com | Mike Colias

    The Trump administration’s slate of tariffs on the car business has accelerated Nissan Motor’s plans to make more cars in the U.S., a top executive said. The Japanese automaker aims to produce 80% of its U.S.-sold cars in America, up from roughly half today, said Christian Meunier, chairman of Nissan Americas. “If you want to be a critical player in the U.S., you need to be localized,” Meunier said on the sidelines of the New York auto show.

  • 1 week ago | wsj.com | Mike Colias

    Mazda for now will absorb about $100 million in tariff-related costs this month without resorting to price increases, the Japanese automaker told its U.S. dealers. In an email to dealers Wednesday, viewed by the Journal, Mazda said that it wouldn’t raise its sticker prices or tack on import fees to any vehicles that are on dealership lots or that come into the country before May 1.

  • 2 weeks ago | wsj.com | Mike Colias |Ryan Felton

    $13.75/Week $1.75/Week Includes unlimited digital access to The Wall Street Journal, MarketWatch, Barron’s and Investor’s Business Daily

  • 2 weeks ago | wsj.com | Mike Colias

    Hyundai vowed to not raise prices for two months as part of a consumer promotion, the latest automaker to launch a tariff-related marketing campaign. The Korean automaker said it won’t raise its manufacturer's suggested retail prices through June 2, a move it said was “in response to dynamic market conditions and the potential impact of tariffs on the automotive industry.”“Customers can enjoy the peace of mind of knowing that MSRP will not increase, regardless of market conditions,” Hyundai said.

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Mike Colias
Mike Colias @MikeColias
4 Aug 22

These graphics tell the story of why car cos. are worried that few if any EVs would qualify for the $7,500 tax credit if the climate bill passes as written … great stuff from @naterattner https://t.co/SuXE1c7Rqn https://t.co/n7wUmWhlLX

Mike Colias
Mike Colias @MikeColias
30 Jun 22

.@GM says it’s preparing to crank up Hummer EV production….could still be a long wait for 77K reservation holders: It’s been making only about a dozen a day https://t.co/VfBe0l6u4A

Mike Colias
Mike Colias @MikeColias
24 Jun 22

Cadillac Celestiq EV buyers will need to dig deep… https://t.co/oynsHf6sbg