Chap. 11 Bankruptcies Spike 63% from Year Ago by Wolf Richter • Apr 9, 2018 • 30 Comments Highest level since April 2011. Not just the Brick & Mortar Meltdown anymore.
How GM Is Shaking Down South Korean Taxpayers by Wolf Richter • Feb 20, 2018 • 39 Comments The threat of Carmageddon for jobs.
GM Sells 70% More Vehicles in China than the US by Wolf Richter • Dec 5, 2017 • 31 Comments Big Risks, Thin Profits. US taxpayers helped.
US Demand for Electricity Falls Further: What Does it Mean? by Wolf Richter • Dec 3, 2017 • 159 Comments Layoffs at GE Power, for example.
Auto-Loan Subprime Blows Up Lehman-Moment-Like by Wolf Richter • Nov 14, 2017 • 83 Comments But there is no Financial Crisis. These are the boom times.
What the Heck’s Going on With Used Cars and Trucks? by Wolf Richter • Nov 14, 2017 • 36 Comments About 40 million will be sold this year in the US, and prices are rising.
Pickup Sales Boom, Cars get crushed, Tesla Deliveries Plunge by Wolf Richter • Nov 1, 2017 • 103 Comments Carmageddon for Tesla, Fiat Chrysler, Hyundai, and Kia.
GM to Lay Off 1,500 More Workers, as its Car Sales Plunge Twice as Fast as Rest of Industry by Wolf Richter • Oct 12, 2017 • 93 Comments Hounded by overcapacity. But other automakers do just fine with cars.
$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.
GM Cuts Entire Shift at SUV Factory, Laments “Moderating” Sales, Layoffs not Temporary by Wolf Richter • Sep 23, 2017 • 69 Comments Hottest segment cools. Harvey and Irma Won’t End Carmageddon.