$2.25/hr to Build a $40,000 Vehicle by Wolf Richter • Sep 29, 2017 • 87 Comments Mexico’s wage repression scheme creates Nirvana for global automakers.
What Headlines Got Wrong about Today’s Data Dump by Wolf Richter • Sep 15, 2017 • 48 Comments It actually wasn’t that lousy.
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.
This Will Whack US Auto Component Manufacturers by Wolf Richter • Jun 20, 2017 • 128 Comments New CEO Cuts Costs: Ford shifts production of compact car from Michigan and Mexico to China.
Wall Street Wakes Up to #Carmageddon by Wolf Richter • Jun 9, 2017 • 69 Comments Auto industry faces “Unprecedented Buyer’s Strike”: Morgan Stanley.
After Laying off Thousands, Boeing CEO Says Offshoring Work to China Won’t “Directly Harm” US Jobs by Wolf Richter • Jun 8, 2017 • 111 Comments “We know as we’re investing there, we’re also creating a competitor.”
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.
Manufacturing Might Come Back to the US, but Robots will Get the Jobs: Apple CEO by Wolf Richter • May 4, 2017 • 102 Comments Robots are the Great Equalizer.