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WSJ What’s News

China’s Carmakers Bet Big on (Electric) SUVs

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 27 April 2026

⏱️ 15 minutes

🧾️ Download transcript

Summary

A.M. Edition for April 27. After an attack outside the White House Correspondent’s Association dinner, WSJ’s Washington coverage chief Damian Paletta explains how simple security flaws exposed the president to another gunman. Plus, budget airlines appeal for government assistance as higher jet fuel prices threaten the struggling sector. And WSJ’s Stephen Wilmot reports on how China’s electric carmakers are looking to cash in on big American-style SUVs. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Access to affordable credit helps me pay my employees, but I don't really need it.

0:05.0

Infliction is killing me!

0:08.0

But who cares? Big retailers are making record profits!

0:12.0

That's why we support the Durban Marshall Credit Card Bill!

0:15.0

See? Banks and credit unions help small businesses make payroll.

0:18.0

This bill would cut the vital resources they need.

0:25.1

While increasing megastore profits, they deserve it. Don't they?

0:29.1

Tell Congress, stop the Durban Marshall money grab for corporate megastores.

0:31.2

Paid for it by the Electronic Payments Coalition.

0:43.5

After an attack outside the White House Correspondents Association dinner, we'll look at how simple security flaws exposed the president to another gunman.

0:53.8

Plus, budget airlines team up to appeal for government assistance, and Chinese carmakers copy Detroit's big SUV playbook with an EV twist.

0:59.0

The manufacturers have been looking for ways to, in this intensely competitive market,

1:04.0

to stand out and to actually make higher profit and larger vehicles tend to be more profitable.

1:07.0

That's one of the reasons why Detroit focuses on these large vehicles.

1:09.0

It's Monday, April 27th.

1:11.9

I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of What's News, the top headlines and business stories moving your world today.

1:20.4

The suspected gunmen behind Saturday's shooting at the White House Correspondence Dinner, which

1:25.3

left a law enforcement officer wounded,

1:29.2

is set to appear in court today.

1:34.6

31-year-old tutor Cole Allen had a shotgun, a handgun, and knives on him when he ran at a Secret Service checkpoint inside the Washington Hilden Hotel, and according to a document

1:38.9

that authorities have tied to him was targeting President Trump and administration officials.

1:45.5

Allen had also outlined security breaches that he said made getting firearms into the hotel, where he checked in the

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