#CarOwnership

Sharing the pages of The Wall Street Journal’s 125th Anniversary issue with the likes of Mark Zuckerberg, Larry Summers and Taylor Swift, Ford Executive Chairman Bill Ford, Jr. sees a future for the automotive industry so bright, he’ll need to wear shades.

After a century of motoring, and with several factors rapidly changing the landscape, analysts are forecasting the peak of global automotive growth to come sometime in the 2020s.

My pants still fit me from college.

Well, they are sweatpants after all.

They were given to me by a friend of mine who is known as a “Datsunaholic”. He keeps a few old cars. A few of those models have been written up by Paul Niedermeyer who now keeps a lot of houses along with his new web site. He invariably finds ‘keeper folk’ from all walks of life. But most of the people he finds are not car enthusiasts at all.

Why do they keep these cars then? Are they perhaps hoarders? Do they suffer the afflictions of the wantless?

Or is this just another write-up inspired by Kevin Bacon?

Japan’s Internal Affairs Ministry has bad news for Japan’s automakers: Japanese citizens are dumping their cars and take the train. Domestic car ownership has declined for the first time since 1964, with declines particularly pronounced in big cities, report The Nikkei [sub]: “Less-status-conscious city residents are abandoning cars for public transit.”