Hubert Horan: Naked Capitalism – Your Guide to Money and Power
Unlike the media and just about any other site, Naked Capitalism focuses relentlessly on how economic, political, and power dynamics intersect
Read more...Category Archives: Auto industry
A Louisville Union Built Its Strength as Blacks, Whites Took on International Harvester
History of the 1947 International Harvester factory strike by Farm Equipment Workers.
Read more...What Does the Surprise Selection of Expedia’s Dara Khosrowshahi as CEO Mean for Uber?
Does the choice of Expedia’s Dara Khosrowshahi to be Uber’s CEO increase the odds of the local transportation company’s success?
Read more...New York Times Claims Bidders Circling Uber….But How Serious Is This, Really?
The Uber soap opera continues, and the New York Times is doing its part by applying lots of porcine maquillage.
Read more...The Two Capitalisms: Electric Batteries as a Case Study in US Magical Thinking vs. Chinese Vertical Integration
Electric vehicle batteries illustrate how the Chinese use control of raw materials and end markets to built vertically integrated industries.
Read more...Bill Black: Subprime Auto Loan Defaults on the Rise
Black discusses subprime auto lending and the failure of federal banking regulators to regulate– a problem that didn’t originate w/ Trump.
Read more...Wells Fargo at It Again, Stuck Over 800,000 Customers With Unnecessary Car Insurance
Scheming Wells Fargo just can’t stop itself.
Read more...Cobalt Production as the Hidden Choke Point on Mass Conversion to Electric Vehicles
Going from the internal combustion engine to electric vehicles is likely to hit a cobalt road block.
Read more...Is Uber About to Take SoftBank for a Ride?
What to make of the rumor that SoftBank is interested in investing in Uber.
Read more...Can Uber Ever Deliver? Part Ten: The Uber Death Watch Begins
Why Uber is toast.
Read more...Wolf Richter: This Toxic Trifecta for Auto Loans is Fueling #Carmageddon
Recent vintage auto loan securitizations are going rancid, and for good reason.
Read more...Unsafe at Any Speed Redux: Pinto and Takata Recalls Compared
Pathetic pace of recall of vehicles with defective airbags shows the scant progress made since the first response to Unsafe at Any Speed.
Read more...Wolf Richter: #Carmageddon Not Yet, But Hot Air Hisses out of Auto Bubble
Despite record incentives, auto sales decline speeds up, inventory bloat spreads to zombie malls.
Read more...ICCT Skewers Trump Regulatory Rollback Argument: Estimates Lower Costs for Meeting CAFE Standards than EPA
Costs of meeting CAFE standards may be 40% lower than EPA estimates; implementing common standards may reduce uncertainty and help carmakers.
Read more...Wolf Richter: “Seriously Delinquent” Auto Loans Surge
Auto loans are have been looking awfully bubbly….and the hangover has begun.
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