How Much Are Banks Exposed to Subprime? More than we Think by Wolf Richter • Apr 11, 2018 • 49 Comments Wells Fargo has $81 billion in exposure to loans that, on paper, it isn’t exposed to.
Subprime Carmageddon: Specialized Lenders Begin to Collapse by Wolf Richter • Apr 8, 2018 • 76 Comments Worst delinquency rates this century.
So What’s Going On with Auto Sales? by Wolf Richter • Apr 3, 2018 • 66 Comments Easter fell into March this year, and March Lasted till April 2.
Tesla Gets Slammed by Tesla by Wolf Richter • Mar 28, 2018 • 96 Comments When will investors get tired of feeding their capital into this cash-burn machine?
GM Threatens Bankruptcy for GM Korea by Wolf Richter • Mar 26, 2018 • 52 Comments Government bailout and union concessions by April 20, or else…
How GM Is Shaking Down South Korean Taxpayers by Wolf Richter • Feb 20, 2018 • 39 Comments The threat of Carmageddon for jobs.
What the Headlines about Tesla, Snap, and Twitter “Earnings” Should Have Said by Wolf Richter • Feb 9, 2018 • 146 Comments How can the media be so gullible – and pliable? I don’t know either.
Reality Nixes Promised Boost for US Auto Sales in 2018 by Wolf Richter • Jan 23, 2018 • 23 Comments A big bad surprise for Wall Street’s auto gurus.
Asset Class of Vintage Cars Drops More than during 2008/2009 by Wolf Richter • Jan 16, 2018 • 73 Comments But this time, there’s no Financial Crisis, and no QE in sight.
US Auto Sales Fall for 2nd Year at GM, Ford, FCA, Toyota, BMW, Mazda. Total 2017 Sales Drop Below 2015 by Wolf Richter • Jan 3, 2018 • 59 Comments Tesla gets crushed by the big boys.