#Carmageddon for Rental Car Companies: Wolf Richter on WRKO Boston by Wolf Richter • May 11, 2017 • 39 Comments Automakers and the used car market catch shrapnel. Uber did it.
Hertz Gets Crushed after “Even Worse than Expected” Loss by Wolf Richter • May 8, 2017 • 21 Comments #Carmageddon and Uber did it. For Carl Icahn, it just doesn’t let up.
Answers Emerge: This is How Badly Uber Eats into Hertz by Wolf Richter • May 7, 2017 • 65 Comments Uber burns a lot more cash, but Hertz gets keelhauled.
What the Layoffs at Ford’s Medium-Duty Truck Plant Mean by Wolf Richter • May 5, 2017 • 73 Comments Demand from businesses in the real economy is slumping.
#Carmageddon Not Yet, But Hot Air Hisses out of Auto Bubble by Wolf Richter • May 2, 2017 • 56 Comments Despite record incentives, sales decline speeds up, inventory bloat spreads to zombie malls.
4 Short Sellers Explain Why They Target Tesla – But Don’t Try to Do this at Home by Wolf Richter • Apr 24, 2017 • 63 Comments The bloodletting among Tesla shorts has become legendary.
Meltdown of Houston Auto Sales Has Eerie Financial Crisis Look by Wolf Richter • Apr 18, 2017 • 38 Comments Several simultaneous booms have turned to busts.
What the Heck’s Going On with Classic Cars? by Wolf Richter • Apr 17, 2017 • 74 Comments The asset class of Beautiful Machines heads south.
Uber Confirms Horrendous Loss in 2016 by Wolf Richter • Apr 15, 2017 • 62 Comments On Good Friday, when no one was supposed to pay attention.
Atlanta Fed GDPNow Forecast Spirals Closer to Zero by Wolf Richter • Apr 14, 2017 • 45 Comments From bad to worse, hammered by retail sales and inflation.