Uber Gets Run Over by its Own Subprime Auto Leases by Wolf Richter • Aug 9, 2017 • 162 Comments Layoffs and massive losses loom.
US Auto Industry Sinks into Muck. And Canada’s? by Wolf Richter • Aug 6, 2017 • 18 Comments Wolf Richter Talks Shop on radio in Canada.
As Car Sales Plunge, Auto Dealers are Not Amused by Wolf Richter • Aug 2, 2017 • 55 Comments Automakers’ efforts are “chaotic for retailers and confusing for consumers.”
Carmageddon for Hyundai, GM, Chrysler, Ford by Wolf Richter • Aug 1, 2017 • 76 Comments But not every automaker got crushed.
Hertz “RESCINDED” Fake Promises to Investors, Shares plunge by Wolf Richter • Aug 1, 2017 • 66 Comments It didn’t even bother explaining why. Investors are left to their own devices to figure it out.
Uber, Lyft Mangle Rental Cars & Taxis. Other Sectors Next by Wolf Richter • Jul 30, 2017 • 56 Comments But Uber’s growth among business travelers got lumpy.
Hyundai-Kia Brutally Crushed in China, Mauled in the US by Wolf Richter • Jul 25, 2017 • 49 Comments Its largest & second largest markets. In how much trouble is it?
As Sales Plunge, GM Might Cancel Six Car Models by Wolf Richter • Jul 20, 2017 • 157 Comments Carmageddon: Discussions with the UAW have started. Entire plants at risk.
Harley-Davidson Spirals Down, Announces US Layoffs, Builds Factory in Thailand by Wolf Richter • Jul 18, 2017 • 133 Comments Trying to manage a structural decline in a terrible industry.
Is California Bailing Out Tesla through the Backdoor? by Wolf Richter • Jul 16, 2017 • 160 Comments Tesla will lose federal subsidies; so something big needs to be done.