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via: Lew Rockwell By Eric Peters Eric Peters Autos Did you know that the percentage of new cars sales that are actually leases has risen from about 3-5 percent in the early-mid 2000s read more
Source: The Guardian Analysts say carmaker will outline job cuts in new year as part of drive to combat Brexit and falling sales Angela Monaghan Jaguar Land Rover is read more
Source: Lew Rockwell By Eric Peters Eric Peters Autos The French would be in the streets. Of course, they are in the streets – but that’s in France. What about here? General Motors just announced it read more
Source: Yahoo Finance Tom Krisher, AP Auto Writer Associated Press DETROIT (AP) — General Motors will cut up to 14,000 workers in North America and put five plants up read more
Source: Detroit Free Press | Jamie L. LaReau VIDEO: General Motors is offering voluntary buyouts to 18,000 workers. Wochit General Motors hoped at least 7,000 white-collar workers would sign up by noon read more
via: BLACKLISTED NEWS SOURCE: BOING BOING The era of finance capitalism is marked by a curious shift in the desire of the business world: to get out of the business read more
Tags: auto industry, Cars, Ford, mass surveillance Comments Off on FORD CEO FRANKLY ADMITS THAT THE CAR OF THE FUTURE IS A SURVEILLANCE DEVICE THAT YOU PAY TO SPY ON YOU
Source: Zero Hedge Automotive loan amounts and monthly payments continue to reach record highs, but US consumers seem unfazed. According to Experian’s latest State of the Automotive Finance Market report, Americans read more
Source: Detroit News Ford Motor Co. blamed a May supplier fire that disrupted F-150 production for days, as well as poor performance in China for second-quarter for profits that were down nearly $1 read more
Source: Detroit Free Press | JC Reindl and Eric D. Lawrence The company that put Americans in cars affirmed Wednesday that those vehicles are going the way of the Model T and read more
Source: Western Journal | By Michael Bastasch The Environmental Protection Agency will revise Obama-era greenhouse gas emissions regulations on cars and light duty trucks, deeming them too aggressive for automakers to meet read more
Source: Detroit Free Press | Eric D. Lawrence Mike Manley, head of the Jeep and Ram brands for Fiat Chrysler Automobiles, says a new Wrangler and Ram 1500 and refreshed Cherokee will read more
Source: Zero Hedge Last month we highlighted a report from Automotive News which suggested that Tesla’s Model 3 production misses might have been the result of a rather basic and embarrassing read more
Source: BLACKLISTED NEWS | SOURCE: ZERO HEDGE Earlier in 2017, using the latest Fed data newspapers and financial media reported that US consumer credit card debt had risen above $1 trillion read more
Source: Business Insider | By TONY YOO The Hong Kong government’s decision to scrap a tax break for electric vehicles has reportedly had a dramatic effect on sales of Tesla cars read more
Source: The Detroit News Ford Motor Co. has begun issuing buyout offers to 15,000 salaried employees in an effort to cut 1,400 positions from its corporate staffing in the read more
Source: The Detriot News Ford Motor Co. President and CEO Mark Fields on Wednesday confirmed Ford will end small-car production in the United States by shifting it all to read more
