What the Subprime Auto-Loan Fiasco Means.
But what will happen to banks and automakers when the cycle turns?
The surprise in the SEC 10-Q filing when no one was supposed to pay attention.
The ruse that helped shares jump 20%.
16% of the 4 million new vehicles sold in the US in Q1 were assembled in Mexico.
There are now 486 EV manufacturers in China, triple from two years ago. Most will disappear.
Expansion & investment plans frozen, after deliveries of Teslas plunged in Q1
There are now many of them. Shoring up the balance sheet is the opposite of “shareholder friendly.” It’s “creditor friendly.”
Many Americans are priced out of the new-car market.
Ford wisely kept its mouth shut. The problem with Mercedes and BMW is that they don’t yet sell luxury pickups, though they’re finally figuring it out.