Justin Fox, Columnist

Americans Are Back in Love With SUVs and Pickups

When gas is cheap, bigger beats smaller, cheaper and fuel-efficient.

June 22, 2017 at 12:00 PM UTC

Corrected

June 22, 2017 at 5:42 PM UTC

Justin Fox is a Bloomberg Opinion columnist covering business, economics and other topics involving charts. A former editorial director of the Harvard Business Review, he is author of “The Myth of the Rational Market.”

Everyone's headed in the same direction.
Photographer: Tom England/Bloomberg

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The car as we have known it appears to be doomed in the U.S.

No, not because we'll all be biking or taking buses or flying with jet packs or riding around in automated vehicles. Sure, a lot of people think that last one is coming soon. Technology analyst Horace Dediu is betting on bikes. And I'm not willing to totally count out the possible triumph of buses or jet packs.