US Automakers’ Worst Nightmare (In 2 Charts)


220151027_confauto_0 With the second half of 2015 “grim” for Chinese auto sales, US automakers – who have field-of-dreams-like built inventories to record levels – have turned domestic for growth by extending credit for decades to anyone who can fog a mirror. That was all well and good until we discover this morning that the government’s consumer confidence survey shows Americans auto-buying attitude is the lowest since Jan 2013.

http://www.zerohedge.com/news/2015-10-27/us-automakers-worst-nightmare-2-charts

US AUTOMAKERS’ WORST NIGHTMARE (IN 2 CHARTS)


081914carscargo With the second half of 2015 “grim” for Chinese auto sales, US automakers – who have field-of-dreams-like built inventories to record levels – have turned domestic for growth by extending credit for decades to anyone who can fog a mirror. That was all well and good until we discover this morning that the government’s consumer confidence survey shows Americans auto-buying attitude is the lowest since Jan 2013.

http://www.infowars.com/us-automakers-worst-nightmare-in-2-charts/

INFOWARS PROVEN RIGHT: AUTOMAKERS FAKING EMISSIONS TEST PREDICTED A MONTH BEFORE


101215mercedes INFOWARS PROVEN RIGHT: AUTOMAKERS FAKING EMISSIONS TEST PREDICTED A MONTH BEFORE

Mercedes-Benz, Honda, Mazda and Mitsubishi have joined the growing list of manufacturers whose diesel cars are known to emit significantly more pollution on the road than in regulatory tests, according to data obtained by the Guardian.

http://www.infowars.com/infowars-proven-right-automakers-faking-emissions-test-predicted-a-month-before/

Ten automakers are sued in U.S. over ‘deadly’ keyless ignitions


The logo of German luxury car maker BMW-Mini is pictured in Munich

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Related: REGULATORY NEWS, BREAKINGVIEWS

Ten of the world’s biggest automakers were sued on Wednesday by U.S. consumers who claim they concealed the risks of carbon monoxide poisoning in more than 5 million vehicles equipped with keyless ignitions, leading to 13 deaths.

http://www.reuters.com/article/2015/08/26/us-autos-ignition-lawsuit-idUSKCN0QV1PH20150826