US Auto Industry Develops a Weak Spot – Wall Street Journal
The U.S. auto industry is on a roll by most accounts, with industry volume sizzling and profits riding high on a SUV and pickup-truck boom. There is a weak spot, however.
Retail demand for bread-and-butter passenger cars, such as the Toyota Camry and Chevrolet Cruze, has softened amid lower gasoline prices. This is leading high-volume…