Auto Sales, Construction Get Totally Crushed.
New vehicle sales down 53% since 2012. Bloodletting among manufacturers.
Icahn gets totally crushed by Hertz, goes for More Pain.
He put his money where his mouth is.
But the roads in much of the nation are in terrible shape too.
A global shift.
Why is this economy not yet in an official recession?
Demand will dry up.
“We continue to match production with demand”: Ford
GDP Nowcast drops by half in two months. But is the auto sales data inflated?