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Autos and the Economy
Autos, 2009 and Beyond By Josh DeForest January 15, 2010 07:35 AM
Anyone with even cursory knowledge of the automotive industry knows that 2009 saw such tumult and tremendous upheaval that we are unlikely to ever see again. Certainly the industry was crippled and nearly brought to its knees in a panic that for som...
The bottom line is that we have come a long way, and the question on everyone’s mind is “where do we go from here?” While the exact answer to that question may be elusive, PIMCO CIO Bill Gross in an October 2009 article wrote of a New Normal. This,...
With abundant information available through many print and online sources it can be difficult to decipher exactly what is going on in our economy through all the noise. On one hand, you will hear claims that the recession is over and on the other, w...
As an astonish example of just how messy this government bailout process can become, GMAC announced that it will require additional funds from Treasury. For those of you keeping track, this is round three (the only company to do so), as taxpayers be...
There were some reasons for optimism given by Ford's senior economist this week at the Auto Finance Summit. Check out Mr Hornblass' comments.
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With the Saturn division of General Motors in "shut-down mode" (as one dealer I spoke to called it), some interesting questions arise. For instance, what will happen to the value of Saturn vehicles? Owners of these vehicles, including lessors as we...
Well, the data is in and it’s no secret that we were a little (read a lot) skeptical of the Cash for Clunkers program from the get go; it’s time to see how things really stacked up.
PLEASE REFER MY BLOG ENTRY DATED 8/18/09 "Increasing Production - Yippee!"
The United States has seen auto sales rise and fall in dramatic fashion like never before. It was not all that long ago that auto makers were pumping out over 17 million new cars per year. That is 1 in 17 Americans buying a new car every year. And ...
The word on the street in the auto dealer business is that lots of dealers are getting light in inventory. GM made the news today saying they were going to add 60,000 vehicles to their production target for the year. Last week, Ford said they were ...
On July 24th the Obama administration launched its “Cash For Clunkers” program designed to stimulate the economy and improve carbon emissions in one fell swoop. With the current budget for the program, we estimate there is enough funds to take in ab... |
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