Auto loan delinquencies surged in 2018, rising to 2.36 percent, which was the highest rate since the third quarter of 2010. Bloomberg reports: More Americans than ever are at least three months behind on their auto loans, a sign that the U.S. economy may have little growth left in the tank.
— Read on mises.org/power-market/americans-arent-giving-their-cars
Car lovers and markets
Carmageddon for Ford in the US, China, and Europe | Wolf Street
— Read on wolfstreet.com/2019/02/22/carmageddon-for-ford-but-its-not-what-you-think/
More backward thinking and short term fixes by Ford and others, putting a bandaid on a sucking chest wound.
Try stopping some of the expensive options nobody really wants or uses. Most of the tech on these vehicles is older and less useful than what is on consumers smartphones.
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— Read on www.blacklistednews.com/
This is they same method they use on our smartphones, computers, TVs and other devices. When we buy these items at a handsome cost, we are paying them to spy on us.
Despite Trump’s Tariff Threat, Automakers Double Down on Mexican Production | Wolf Street
— Read on wolfstreet.com/2018/06/23/despite-trumps-tariff-threat-automakers-double-down-on-mexican-production/
Neither the auto makers or the Mexican government are friends to the American worker.
John Barleycorn 