Turns out, Uber Shareholders Are Eager to Sell at 30% Discount by Wolf Richter • Dec 28, 2017 • 29 Comments Big pain and some relief for Saudi Arabia.
“Replacement Demand” from Hurricane Harvey Overhyped, Carmageddon Returns to US by Wolf Richter • Dec 13, 2017 • 24 Comments Houston-area auto sales rise, but not nearly enough to pull out US auto sales.
GM Sells 70% More Vehicles in China than the US by Wolf Richter • Dec 5, 2017 • 31 Comments Big Risks, Thin Profits. US taxpayers helped.
What’s Uber Really Worth? 30% Less, says SoftBank’s Offer by Wolf Richter • Nov 27, 2017 • 16 Comments But here’s how they’ll pull a bag over the public’s head about Uber’s “valuation” mirage for the IPO.
Uber’s Survival Strategy? “Tens of Thousands” of Self-Driving Volvo-Ubers Starting in 2019 by Wolf Richter • Nov 20, 2017 • 159 Comments Ready or not, here they come. Tough luck for drivers.
Why Core Inflation is Rising & What it Means for Fed Rate Hikes by Wolf Richter • Nov 15, 2017 • 28 Comments Yellen was right to brush off “transitory” factors of “low” inflation.
Auto-Loan Subprime Blows Up Lehman-Moment-Like by Wolf Richter • Nov 14, 2017 • 83 Comments But there is no Financial Crisis. These are the boom times.
What the Heck’s Going on With Used Cars and Trucks? by Wolf Richter • Nov 14, 2017 • 36 Comments About 40 million will be sold this year in the US, and prices are rising.
Next Phase of Carmageddon: the Banks by Wolf Richter • Nov 9, 2017 • 71 Comments Banks have started to tighten lending standards for prime and subprime borrowers, and it shows.