Stagflation — perhaps the worst-case scenario for automakers and suppliers — is roiling the auto industry. Suppliers of raw materials such as oil, rubber, steel and plastic resins are imposing huge price increases as vehicle sales collapse. Automakers appear helpless to fend off those rising materials costs. And it seems unlikely that they can pass along the increases to consumers... 12:01 am U.S. ET | June 30
Can the Detroit 3 hang on? The startling collapse in sales since April means the three automakers are burning through cash reserves at a terrifying rate. Suddenly they have far more urgent deadlines for fixing their businesses. And they are considering a new range of actions that a few months ago were not on the table. 12:01 am U.S. ET | June 30
Tuesday, July 1, is shaping up to be one of the darkest days in decades for the U.S. auto industry. Automakers will likely report June sales declines that underscore just how much consumer demand for vehicles — especially for the heavy sort that were once dear to the Detroit 3 — has declined as... 3:45 pm U.S. ET | June 30
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