Wolf Richter: Carmegeddon for Tesla
The monthly moment of truth for automakers and for Tesla, the results ain’t pretty. This is where hype goes to die.
Read more...Category Archives: Auto industry
Yet Another Brexit Train Wreck – UK to Fall Outside EU Auto Approvals Regime – and It Doesn’t Even Register With Officials
Parliamentary testimony on the auto industry lifts another Brexit rock, revealing new creepy crawlies.
Read more...Wolf Richter: Pickup Sales Boom, Cars Get Crushed, Tesla Deliveries Plunge
Car sales hit an air pocket in October.
Read more...Sloppy Journalism about “Fully Autonomous” (Except Not) Robot Cars on (Some of) Manhattan’s Streets
Cuomo announces that self-driving cars will be tested on the streets of Manhattan: a critique of the press coverage
Read more...Hubert Horan: Naked Capitalism – Your Guide to Money and Power
Unlike the media and just about any other site, Naked Capitalism focuses relentlessly on how economic, political, and power dynamics intersect
Read more...A Louisville Union Built Its Strength as Blacks, Whites Took on International Harvester
History of the 1947 International Harvester factory strike by Farm Equipment Workers.
Read more...What Does the Surprise Selection of Expedia’s Dara Khosrowshahi as CEO Mean for Uber?
Does the choice of Expedia’s Dara Khosrowshahi to be Uber’s CEO increase the odds of the local transportation company’s success?
Read more...New York Times Claims Bidders Circling Uber….But How Serious Is This, Really?
The Uber soap opera continues, and the New York Times is doing its part by applying lots of porcine maquillage.
Read more...The Two Capitalisms: Electric Batteries as a Case Study in US Magical Thinking vs. Chinese Vertical Integration
Electric vehicle batteries illustrate how the Chinese use control of raw materials and end markets to built vertically integrated industries.
Read more...Bill Black: Subprime Auto Loan Defaults on the Rise
Black discusses subprime auto lending and the failure of federal banking regulators to regulate– a problem that didn’t originate w/ Trump.
Read more...Wells Fargo at It Again, Stuck Over 800,000 Customers With Unnecessary Car Insurance
Scheming Wells Fargo just can’t stop itself.
Read more...Cobalt Production as the Hidden Choke Point on Mass Conversion to Electric Vehicles
Going from the internal combustion engine to electric vehicles is likely to hit a cobalt road block.
Read more...Is Uber About to Take SoftBank for a Ride?
What to make of the rumor that SoftBank is interested in investing in Uber.
Read more...Can Uber Ever Deliver? Part Ten: The Uber Death Watch Begins
Why Uber is toast.
Read more...Wolf Richter: This Toxic Trifecta for Auto Loans is Fueling #Carmageddon
Recent vintage auto loan securitizations are going rancid, and for good reason.
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