…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…

…contracts expired, the United Auto Workers union declared a limited and targeted work stoppage in which about 13,000 workers walked off the job at three Midwestern auto plants. For the…

Auto and light truck sales for September was just reported at a rather strong 14.96 million units. This puts sales back above the strong trend line for this recovery. But…

…was placing too much emphasis on the auto industry. According to my critics the increase in the auto hours worked should be ignored because it was due to government interference…

by Linda Beale Irish Bailout–impact on taxes uncertain crossposted with Ataxingmatter As plans for the $100 billion bailout of the Irish economy and banking system by the European Commission, International…

The NYT notes this morning: Ireland Will Apply for Bailout Package Irish finance minister Brian Lenihan confirmed today that Ireland had formally applied to Europe and the International Monetary Fund…

by cactus A Review of the First Half of Bailout Nation Barry Ritholtz is on my mind. I started reading Bailout Nation, Barry Ritholtz’s book (with co-author Aaron Task) about…

Bailout Sleuth notes a discrepancy in the way we talk about the money for the bailout. What is up with this? The financial firms that were eligible for some of…

Bailout Bill, With Benefits for Student Lenders, Passes Congress Washington — The U.S. House of Representatives today passed the $700-billion financial-system bailout bill that was approved on Wednesday by the…

The Senate economic rescue package contains $500 billion for bailouts of large corporations. Much commentary has focused on the lack of accountability, but the bigger issue is simply the massive…