Tag: Auto industry

The Paris Agreement Set an Unrealistic Target for Global Warming. Now What?

By Shannon Osaka. Originally published at Grist It’s been a rallying cry for activists and a key talking point for diplomats. For decades now, 2 degrees Celsius (3.6 degrees Fahrenheit) of global warming has been viewed as a “do not cross” line in climate policy, a temperature at which cataclysmic and potentially permanent damage to […]

Read More

Trump Drops Antitrust Probe of Four Automakers Which Adopted Tougher Cal Tailpipe Emissions Standards

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. The Department of Justice (DoJ) last Friday dropped its antitrust probe into four automakers who opted  to comply with California’s tougher  tailpipes emissions standards. Emissions one of many environmental areas in which […]

Read More

Subprime Auto Loans Explode, “Serious Delinquencies” Spike to Record. But There’s No Jobs Crisis, These Are the Good Times

Yves here. Subprime auto loans provide more evidence that this supposedly solid “recovery” has cracks in its foundations. This is the sort of “Ponzi finance” behavior that Minsky accurately depicted as leading to eventual ruin. By Wolf Richter, editor of Wolf Street. Originally published at Wolf Street Auto loan and lease balances have surged to […]

Read More

Hubert Horan: Can Uber Ever Deliver? Part Twenty-Two: Profits and Cash Flow Keep Deteriorating as Uber’s GAAP Losses Hit $8.5 Billion

By Hubert Horan, who has 40 years of experience in the management and regulation of transportation companies (primarily airlines). Horan has no financial links with any urban car service industry competitors, investors or regulators, or any firms that work on behalf of industry participants Uber’s profit performance and cash burn had ben dismal for years […]

Read More

Obama Helped Make Cars More Efficient, but Now They Spew Black Carbon

Yves here. Cars as a case study of unintended consequences. By Emily Pontecorvo. Originally published at Grist If you’re getting more bang for your buck at the gas pump today than you were a decade ago, you can thank the Obama administration. Obama’s 2012 updates to the Corporate Average Fuel Economy standards, or CAFE standards, […]

Read More

Brexit: Digging In

Had Donald Trump managed the difficult task of having a bad effect on the already not well reputed Boris Johnson? The Tories’ posture toward Brexit says that could be the case. Specifically, inebriated by the close-at-hand formal Brexit date of January 31, Johnson and more recently his Chancellor Sajid Javid have taken to making aggressive […]

Read More

Wolf Richter: Tesla, Hit by Sagging US Sales, Goes Full-China with Design Center, Loans & Factory

By Wolf Richter, editor of Wolf Street. Originally published at Wolf Street Tesla doesn’t disclose deliveries in the US, unlike other automakers. It only discloses global deliveries. We have to look at other data to see how Tesla is doing in the US; and in the US, deliveries have been plunging in recent months. In […]

Read More