Tag: auto industry

“Bloodbath”-Gate: Yes, Trump Meant the Auto Industry. At First, Anyway

Still, maybe he only meant an economic bloodbath. In fact, that’s just typical Trump bluster—built as usual on lies. The Biden economy as we all know reeled from inflation in 2022 and 2023, and that overwhelmed the narrative. Beyond that, the 289,000 jobs gained per month during Biden’s term is the highest for any president […]

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Auto Industry Recap: 2023 Sales Totals and 2024 Predictions

Looking back on the past 12 months in the automotive industry brings to mind a popular mis-quote from Lewis Carroll’s Alice in Wonderland: “If you don’t know where you’re going, any road will do.” In truth, it’s a pretty lazy paraphrase of Alice’s winding conversation with the Cheshire Cat. Still, it serves as a tidy […]

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Big Auto Screwed Itself on the E.V. Transition

That “hands-off” approach and laser focus on restoring profitability also meant letting carmakers get back to the habits that got them into trouble in the first place. While legacy automakers chalked their financial troubles in the 2000s up to the financial crisis, one major reason they needed help was because of their penchant for making giant gas […]

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Big Auto Screwed Itself on the E.V. Transition

That “hands-off” approach and laser focus on restoring profitability also meant letting carmakers get back to the habits that got them into trouble in the first place. While legacy automakers chalked their financial troubles in the 2000s up to the financial crisis, one major reason they needed help was because of their penchant for making giant gas […]

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GM CEO Twists Herself Into Pretzel Trying to Defend Outlandish Salary

The February letter, which was also shared with TNR, didn’t promise to hand over years of Hunter Biden’s financial records, as Republicans requested, but it did offer a chance to meet directly with his legal team. The letter also argues that the Oversight Committee is overreaching in its investigation of Hunter Biden because he is […]

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