Unsafe at Any Speed Redux: Pinto and Takata Recalls Compared
Pathetic pace of recall of vehicles with defective airbags shows the scant progress made since the first response to Unsafe at Any Speed.
Read more...Category Archives: Auto industry
Wolf Richter: #Carmageddon Not Yet, But Hot Air Hisses out of Auto Bubble
Despite record incentives, auto sales decline speeds up, inventory bloat spreads to zombie malls.
Read more...ICCT Skewers Trump Regulatory Rollback Argument: Estimates Lower Costs for Meeting CAFE Standards than EPA
Costs of meeting CAFE standards may be 40% lower than EPA estimates; implementing common standards may reduce uncertainty and help carmakers.
Read more...Wolf Richter: “Seriously Delinquent” Auto Loans Surge
Auto loans are have been looking awfully bubbly….and the hangover has begun.
Read more...Wearing White: What Resistance Looks Like in America’s Heartland
A labor struggle in South Bend as a window into unions’ ongoing resistance to corporate greed.
Read more...Can Uber Ever Deliver? Part Eight: Brad Stone’s Uber Book “The Upstarts”– PR/Propaganda Masquerading as Journalism
By Hubert Horan, who has 40 years of experience in the management and regulation of transportation companies (primarily airlines). Horan has no financial links with any urban car service industry competitors, investors or regulators, or any firms that work on behalf of industry participants Brad Stone’s new book “The Upstarts,” is subtitled “How Uber, Airbnb, […]
Read more...Can Uber Ever Deliver? Part Seven: Uber’s “Narrative” and The Vox and Stratechery Critiques of Naked Capitalism’s Uber Series – Defending Uber Requires Ignoring Industry Economics
More discussion of defenses of Uber and how none of them deal with the economics of providing car ride services.
Read more...Trade War Threat Grows
Will Trump bumble his way into a trade war?
Read more...Can Uber Ever Deliver? Part Six: Latest Data Confirms Bleak P&L Performance While Stephen Levitt Makes Indefensible Consumer Welfare Claims
More on Uber’s questionable prospects and the dubious defenses offered by boosters, in this case, “Freakonomics” professor Stephen Levitt.
Read more...Uber’s Woes Mount: California Strips Driverless Cars’ Registration, Losses Rise, VAT Charges Loom
Uber has a bad week.
Read more...Can Uber Ever Deliver? Part Five: Addressing Reader Comments and Questions
Hubert Horan answers questions about his series on Uber.
Read more...Can Uber Ever Deliver? Part Four: Understanding That Unregulated Monopoly Was Always Uber’s Central Objective
Why Uber’s goal is replacing urban car service with a higher cost, less efficient operation that would extract wealth from the public.
Read more...Can Uber Ever Deliver? Part Three: Understanding False Claims About Uber’s Innovation and Competitive Advantages
Why Uber does not have any significant competitive advantages save very deep pockets that allow it to engage in sustained predatory pricing.
Read more...Can Uber Ever Deliver? Part Two: Understanding Uber’s Uncompetitive Costs
Why Uber is the taxi industry’s high cost producer and cannot grow into profitability.
Read more...Can Uber Ever Deliver? Part One – Understanding Uber’s Bleak Operating Economics
Uber’s financials statements and economics shows a complete lack of progress towards profit and no reason to expect significant improvement.
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