Category Archives: Auto Market – Auto Loans

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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Subprime Chaos: The Auto Bubble’s Bursting And The Data Is Worse Than 2008

Subprime Chaos: The Auto Bubble’s Bursting And The Data Is Worse Than 2008 | Zero Hedge https://www.zerohedge.com/news/2018-05-16/subprime-chaos-auto-bubbles-bursting-and-data-worse-2008 Re-posted from Zero Hedge. Geoff Geoff comments: We have been warning about this for 6 months… BOOM…

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Subprime Auto Loan Default Rates Are Now Higher Than During The Financial Crisis

Subprime Auto Loan Default Rates Are Now Higher Than During The Financial Crisis | Zero Hedge https://www.zerohedge.com/news/2018-05-14/subprime-auto-loan-default-rates-are-now-higher-during-financial-crisis Re-posted from Zero Hedge. Geoff

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Car prices are falling while it costs more to buy gas at the pump

Car prices are falling while it costs more to buy gas at the pump https://www.cnbc.com/2018/05/10/car-prices-are-falling-while-it-costs-more-to-buy-gas-at-the-pump.html Re-posted from CNBC. Geoff Geoff Comments: A double whammy for citizens to endure, until Middle East politics is settled…

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Ford will halt all production of its popular F-Series pickup

Ford will halt all production of its popular F-Series pickup https://www.cnbc.com/2018/05/09/ford-will-halt-all-production-of-its-popular-f-series-pickup.html Re-posted from CNBC. Geoff Geoff Comments: Vehicle sales were already in trouble, now this…

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Beijing Auto Show hints at big changes to come — for the U.S. as well as China

Beijing Auto Show hints at big changes to come — for the U.S. as well as China https://www.nbcnews.com/business/autos/beijing-auto-show-hints-big-changes-come-u-s-well-n869581?cid=public-rss_20180430 Re-posted from NBC News. Geoff Geoff Comments: Ford will only manufacture trucks, SUVs and Mustangs with General Motors not far behind… China … Continue reading

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Ford is basically giving up on US car business; GM isn’t far behind

Ford is basically giving up on US car business; GM isn’t far behind https://www.cnbc.com/2018/04/26/ford-is-basically-giving-up-on-us-car-business-and-gm-is-not-far-behind.html Re-posted from CNBC. Geoff Geoff Comments: Hard to imagine just a few years ago, now, a reality…

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Carmageddon for Cars: “Cars” Are Scheduled to Die

Carmageddon for Cars: “Cars” Are Scheduled to Die | Wolf Street https://wolfstreet.com/2018/04/25/carmageddon-for-cars-cars-are-scheduled-to-die/ Re-posted from Wolf Street. Geoff Geoff Comments: Ford giving up manufacturing automobiles except Mustang, and continuing only with trucks, SUVs, & Crossovers… Hard to believe…

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How Long Will Cheap Debt Bail Out Automakers?

How Long Will Cheap Debt Bail Out Automakers? | Zero Hedge https://www.zerohedge.com/news/2018-04-21/how-long-will-cheap-debt-bail-out-automakers Re-posted from Zero Hedge. Geoff Geoff Comments: Not long before it all blows up…

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More Carmageddon at GM, Cuts Shift in Ohio, 1,500 Layoffs, as Cruze Sales Plunge. Production in Mexico Started in 2015

More Carmageddon at GM, Cuts Shift in Ohio, 1,500 Layoffs, as Cruze Sales Plunge. Production in Mexico Started in 2015 | Wolf Street https://wolfstreet.com/2018/04/13/carmageddon-gm-cuts-shift-in-ohio-1500-layoffs-as-cruze-sales-plunge-production-in-mexico-started-in-2015/ Re-posted from Wolf Street. Geoff Geoff Comments: Vehicle market continues to collapse…

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