Trump Tweets, Ford & GM Counter, their Shares Jump, the Peso Plunges, but the Jobs Won’t “Come Back” to the USA by Wolf Richter • Jan 3, 2017 • 65 Comments Whacked by slow demand, Ford cancels plant in Mexico, shifts car production to existing plant in Mexico.
“Car Recession” Bites GM: Inventory Glut, Layoffs, Plant Shutdowns by Wolf Richter • Dec 19, 2016 • 86 Comments Five assembly plants, 10,000 workers.
Trump Tweets about China, US Businesses Freak out by Wolf Richter • Dec 14, 2016 • 134 Comments “The whole semiconductor industry could collapse.”
How Inflation Bites Much More than the Official Hoax by Wolf Richter • Dec 11, 2016 • 162 Comments The numbers are out. Even Japanese consumers, supposedly suffering from deflation, are getting whacked. No one escapes.
Subprime Auto-Loan Delinquencies Surge to NY Fed’s Attention by Wolf Richter • Nov 30, 2016 • 115 Comments Six million Americans are 90-plus days delinquent.
Strongest Pillar of Shaky US Economy has Cracked by Wolf Richter • Nov 22, 2016 • 67 Comments “Car Recession” now expected to spread to 2017.
It Gets Ugly in Houston by Wolf Richter • Nov 18, 2016 • 40 Comments Auto Sales, Construction Get Totally Crushed.
The Amazing Collapse of Russia’s Auto Market by Wolf Richter • Nov 12, 2016 • 33 Comments New vehicle sales down 53% since 2012. Bloodletting among manufacturers.
The Chilling Thing Hertz Just Said about the US Auto Boom by Wolf Richter • Nov 9, 2016 • 32 Comments Icahn gets totally crushed by Hertz, goes for More Pain.
Boone Pickens on Natural Gas: It’s the Way to Defeat OPEC by Oilprice.com • Nov 7, 2016 • 55 Comments He put his money where his mouth is.
