Subprime Auto Loans Explode, “Serious Delinquencies” Spike to Record. But There’s No Jobs Crisis, These Are the Good Times
Nearly a quarter of all subprime auto loans are 90+ days delinquent. Why?
Read more...Category Archives: Auto industry
Hubert Horan: Can Uber Ever Deliver? Part Twenty-Two: Profits and Cash Flow Keep Deteriorating as Uber’s GAAP Losses Hit $8.5 Billion
Dissecting how Uber spun its 2019 financial reports. The actual results continue to be ugly, with no path to profit.
Read more...Coronavirus Starting to Hit Auto Industry Supply Chains
A coronavirus worry is starting to manifest.
Read more...Obama Helped Make Cars More Efficient, but Now They Spew Black Carbon
How regulations to tame cars’ emissions created a new problem.
Read more...Brexit: Digging In
Brexit again gets ugly.
Read more...Wolf Richter: Tesla, Hit by Sagging US Sales, Goes Full-China with Design Center, Loans & Factory
It makes strategic sense for Tesla, which is struggling mightily in the US, to try to find new markets. But the headwinds in China are even stronger.
Read more...Can The EV Revolution Survive Without Tax Credits?
Automakers are petitioning for an extension of EV tax credits. How critical is that to sales growth?
Read more...Tesla’s Cybertruck Dead Last In Truck Survey
Only non-truck owners are keen about Tesla’s “cybertruck”.
Read more...US Targets Wage-Repression Model in Mexico, Demands Inspections, Industry Has a Cow
A proposed provision in the so-called “NAFTA 2.0” to increase autoworker wages in Mexico is raising hackles south of the border.
Read more...6 Technology Trends Revolutionizing the Transportation Sector
A list of supposedly transformative technology in the offing for transporation Sanity checks encouraged.
Read more...The One Metric That Matters For Electric Cars
Looking at the hurdles electric cars have to surmount.
Read more...Ilargi: Energy vs Waste
Why the problem of human energy consumption is intractable.
Read more...America Will Keep Losing Its Middle Class as Long as “The Free Market” Dominates the Economic Debate
How free market fundamentalism has undermined industrial policy and other pro-worker measures.
Read more...‘Is This About the Oil Industry?’ House Oversight Hearing Explores Big Oil’s Role in Weakening Clean Car Standards
Oil industry lobbies to weaken emissions standards, deploying “public interest groups” that are mere mouthpieces for fossil fuel companies.
Read more...UAW and GM Reach a Deal, But Will Autoworkers Support It?
Two former autoworkers leaders examine how the militancy of rank and file union membership carried the current GM strike, how it could transform unions, and how this speaks to the larger struggle with capitalism.
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