Wednesday , May 22 2019
Home / Tag Archives: Ford

Tag Archives: Ford

4 Months of Carmageddon in the EU Wipe Out Gains for 2018

Ford is big loser, Hyundai-Kia big winner, and Opel is someone else’s problem. Sales in the EU of passenger vehicles dropped 8.4% in December compared to a year earlier. It was the fourth month in a row of sharp year-over-year declines that wiped out the growth of the first eight months of 2018: Sep: -23.5% Oct: -7.3% Nov: -8.0% Dec: -8.4% The ACEA (French acronym for European Automobile Manufacturers Association), which reports the EU registration data, blamed this debacle on the...

Read More »

Carmageddon for GM, Ford & Toyota: 3rd Down-Year in a Row. Industry Sales Below 2015. Hyundai-Kia Drop 11% in 2 Years. BMW & Mercedes-Benz Fizzle

But average transaction prices rise to record highs. In terms of new-vehicle sales in the US, 2018 was the third relentless down-year in a row for three of the four biggest automakers, GM, Ford, and Toyota. For them peak sales occurred in 2015. GM delivered 2,954,037 vehicles in 2018, down 1.6% from 2017, down 2.9% from 2016, and down 4.2% from 2015: These are deliveries of new cars and trucks by dealers to their customers, by automakers directly to large fleet customers, and by...

Read More »

Has the Auto Bubble Popped? GM Announces Plant Closures and Layoffs

Last week, we reported that it looks like the air is coming out of housing bubble 2.0. Now it appears the auto bubble may have also popped.Yesterday, GM announced plant closures and layoffs due to sluggish sales. The big automaker said it plans to shutter five North American factories and slash around 14,000 jobs. The move follows on the heels of an announcement by Ford in October that it will cut an unspecified number of salaried employees. Morgan Stanley speculated Ford may pare more...

Read More »

Backfire Economics — Ford prepares for mass layoffs after losing $1B to Trump’s tariffs – Publications – AEI

AEI Backfire Economics — Ford prepares for mass layoffs after losing $1B to Trump’s tariffs Ford is the latest American business casualty in Trump’s trade war, as the automaker experiences significant collateral damage and deadly friendly fire from Trump’s trade tariffs. From Fortune: Ford is having a bad year in 2018. Its stock is down 29% (see top chart above vs. +4.8% for the overall market year-to-date and bottom chart showing Ford’s stock price now at an...

Read More »

The ‘Unknown Unknowns’ That Threaten U.S. Shale

Authored by Tsvetana Paraskova via OilPrice.com, Three years after the oil price crash, the U.S. shale patch is on its second growth phase and is expected to continue to increase its production, at least through the next five years. The global oil markets have become increasingly dependent on U.S. tight oil supply - and the oil industry is still coming to grips with this new reality, Simon Flowers, Chairman and Chief Analyst at Wood Mackenzie, wrote in a recent article. Current projections...

Read More »

A Gift From The Oldies

By Chris at www.CapitalistExploits.at I bumped into a friendly bloke at my local gym last week. Jim is his name. Jim tells me he just started because, and I quote, "my doctor says I'm going to die unless I do something". Now, I assure you it doesn't take a doctor to figure this out. One glance in Jim's direction and you can tell that underneath all that weight there's a big struggling heart in there... just ready to explode. He was surprisingly frank and tells me it's so bad that he can...

Read More »

Pat Buchanan: Why Roy Moore Matters

Authored by Patrick Buchanan via Buchanan.org, Why would Christian conservatives in good conscience go to the polls Dec. 12 and vote for Judge Roy Moore, despite the charges of sexual misconduct with teenagers leveled against him? Answer: That Alabama Senate race could determine whether Roe v. Wade is overturned. The lives of millions of unborn may be the stakes. Republicans now hold 52 Senate seats. If Democrats pick up the Alabama seat, they need only two more to recapture the Senate, and...

Read More »

“Because We Can!!”

Authored by Robert Gore via The Burning Platform blog, Sexual predation is the tip of the abuse-of-power iceberg... Truths are emerging from the sexual predation scandals. Put a person in a position of power and there’s an appreciable chance he or she (most of the allegations so far have been against men) will sexually impose on someone—male or female, above or below the age of consent—with less power. The scandals shine a light on the prevalence of such predation. There’s no reason to think...

Read More »

Army Tests New ‘AI-Controlled-Exoskeleton’ Super-Soldier

Lockheed Martin’s Fortis Knee Stress Release Device (K-SRD) – an AI controlled exoskeleton is designed to turn U.S. soldiers into super-machines. The Army is currently testing the technology at Fort A.P. Hill running it through normal tasks of combat infantry– in order to see if productivity increase. The Fortis exoskeleton, which weighs 85-pounds, looks like a piece of tech from Iron Man’s suit, works with AI to analyze and replicate individual walk patterns, provide...

Read More »

The Real Winner In America’s Russia Crisis Is China

Authored by Leon Hadar via The Strategic Culture Foundation, The continuing American obsession with Russia plays directly into Beijing's hands and makes it less likely that Washington will develop an effective strategy to deal with China... When thinking about male-pattern baldness, what comes immediately to mind? Genetics? Thanks for this, grandad. But then I conducted my own scientific research and discovered the following: I started losing hair at the temples or the crown of the head when...

Read More »