Tesla wasn't the only carmaker to steal headlines in 2017. The Drive's Alex Roy joins us with a look at the year's best cars, and provides a sneak peak at what's to come next year. He discusses why, in his opinion, Tesla's Model 3 was the most important car of the year.
Despite the bad press, Roy says the Model 3 is the future of the auto industry. It's inspiring a wave of imitators trying to borrow from Tesla's success. The editor-at-large points to Jaguar's new electric model as one of the most promising potential "Tesla killers."
He also reveals why many are beginning to consider station wagons sexy. Roy discusses strong mid-size outings from both Porsche and Volvo. Finally, we consider the one car company making the most strides in the race towards autonomous driving.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
