…solve. The story of car bloat and the continually expanding size of the typical American automobile is one of carmaker profit, shifting consumer preferences, and loophole-riddled auto regulations. It is…
Barry Ritholtz at The Big Picture points to Pro Publica regarding Tarp and other bailout monies: Pro Publica has been maintaining a list of bailout recipients, updating the amount lent…
…the huge financial rescue undertaken by the federal government last year to stabilize teetering banks and other companies. The government still faces potentially huge long-term losses from its bailouts of…
…bailout plan of this magnitude. Instead, the repealing of Bush’s tax breaks to the wealthy and large corporation should possibly be part of such a plan. Somehow this has to…
…Detroit News characterizing the auto bailouts that way—I noted that Romney seems unaware that both companies filed for bankruptcy. Romney says, as apparently he says often when forced at gunpoint…
by Kenneth Thomas Alabama’s Airbus Subsidy Eerily Reminiscent of Auto “Transplants” The July 2 announcement that Airbus would begin assembly of its A-320 airliner in Mobile, Alabama, may be good…
Could July have been the bottom in auto sales? Auto sales jumped from 12.6 million in July to 13.7 million in August. Auto sales are nearly 20% below trend as…
…improvement. For example the standard radio in an auto use to be a simple AM radio. Now it is a AM-FM radio. Another example is that today’s autos are much…
…in Mexico, but there may be some Mexican autoworkers who see wage boosts also. The auto deal has little impact on Canada aside from Trump retracting his threat to impose…
…But real auto imports have fallen – 8.6% over the last two months. Historically, auto imports have been extremely skewed towards luxury cars and econoboxes. So auto imports tended to…