Category Archives: Auto Market – Auto Loans

BMW Says New China Deal Will Not Diminish Investment, Jobs in the U.S.

BMW Says New China Deal Will Not Diminish Investment, Jobs in the U.S. https://www.breitbart.com/big-government/2018/07/11/bmw-says-new-china-deal-will-not-diminish-investment-jobs-in-the-u-s/ Re-posted from Breitbart. Geoff Geoff Comments: President Trump continues his winning ways for the American people…

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War Spending Rescues Factory Orders In May As Autos Collapse

War Spending Rescues Factory Orders In May As Autos Collapse https://www.zerohedge.com/news/2018-07-03/war-spending-rescues-factory-orders-may-autos-collapse Re-posted from Zero Hedge. Geoff Geoff Comments: Military spending saves manufacturing sector from auto manufacturing slow down…

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Beyond the Hysteria about Auto Tariffmageddon

Beyond the Hysteria about Auto Tariffmageddon | Wolf Street https://wolfstreet.com/2018/06/27/beyond-the-hysteria-about-auto-tariffmageddon/ Re-posted from Wolf Street. Geoff Geoff Comments: The American Automotive market was already vulnerable and compromised, the tariffs just brought all the challenges into high relief…

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Ford Bets Billions On Detroit Comeback

Ford Bets Billions On Detroit Comeback | Zero Hedge https://www.zerohedge.com/news/2018-06-26/ford-bets-billions-detroit-comeback Re-posted from Zero Hedge. Geoff Geoff Comments: The Jury is still out…

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Automakers warn U.S. tariffs will cost hundreds of thousands of jobs, hike prices

Automakers warn U.S. tariffs will cost hundreds of thousands of jobs, hike prices | Reuters https://www.reuters.com/article/us-usa-trade-autos/automakers-warn-u-s-tariffs-will-cost-hundreds-of-thousands-of-jobs-hike-prices-idUSKBN1JN1T2?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29 Re-posted from Reuters. Geoff Geoff Comments: Let President Trump alter trade agreements to reflect ‘Fair & Reciprocal’ if we stop now, we my never … Continue reading

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I’m in Awe of How Carmageddon Continues in Houston at Financial-Crisis Levels

I’m in Awe of How Carmageddon Continues in Houston at Financial-Crisis Levels | Wolf Street https://wolfstreet.com/2018/06/25/im-in-awe-of-how-carmageddon-continues-in-houston-at-financial-crisis-levels/ Re-posted from Wolf Street. Geoff Geoff Comments: When even a bad trend has momentum, it takes on a life of its own, no matter … Continue reading

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Despite Trump’s Tariff Threat, Automakers Double Down on Mexican Production

Despite Trump’s Tariff Threat, Automakers Double Down on Mexican Production | Wolf Street https://wolfstreet.com/2018/06/23/despite-trumps-tariff-threat-automakers-double-down-on-mexican-production/ Re-posted from Wolf Street. Geoff Geoff Comments: It is clear, auto manufacturers are addicted to cheap Mexican labor, and will not return to the US…

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Auto Lenders Are Taking More Risks: Extending Terms, Higher Debt, Lower Quality

Auto Lenders Are Taking More Risks: Extending Terms, Higher Debt, Lower Quality | Zero Hedge https://www.zerohedge.com/news/2018-06-12/auto-lenders-are-taking-more-risks-extending-terms-more-debt-lower-quality Re-posted from Zero Hedge. Geoff Geoff Comments: Auto lenders are in dangerous territory, rising interest causing havoc with family budgets, defaults will soon accelerate … Continue reading

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Average New Vehicle Auto Payment Hits Record High $523 Per Month

Average New Vehicle Auto Payment Hits Record High $523 Per Month – Mish Talk https://www.themaven.net/mishtalk/economics/average-new-vehicle-auto-payment-hits-record-high-523-per-month-IyZNibUwdUOG43My911VaA/ Re-posted from Mish Talk. Geoff Geoff Comments: Think about it, auto payments. insurance, maintenance, & gasoline results in a monthly cost of over $1000… Add … Continue reading

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U.S. launches auto import probe, China says will defend interests

U.S. launches auto import probe, China says will defend interests | Reuters https://www.reuters.com/article/us-usa-trump-autos/u-s-launches-auto-import-probe-china-says-will-defend-interests-idUSKCN1IO1YM Re-posted from Reuters. Geoff Geoff Comments: China-US Trade war looms…

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