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chrisidore If only US auto companies could import cheap labor by abusing the temporary work visa program, like trump has for decades to staff mat-a-lago and his winery.....
chrisidore Problem is American cars are garbage in every way compared to others
chrisidore Inflation + No living Wage = No Consumers...
chrisidore Most of the time American cars suck compared to foreign cars... could be an issue
chrisidore Chrysler?
chrisidore Cheap Mexican workers
chrisidore The real problem is they want to be paid crazy wages yet do a shit job. Lazy auto workers and their unions have killed the auto industry in America.
chrisidore Actually, we don't care about these cars, but 15.000 no job, I am sorry, nobody learned from us..
chrisidore Is it crap cars?
chrisidore Is it robots, greed & mercilessly focking over their workers? Btw, robots can’t buy your shitty cars.
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Auto industry urges Trump not to hit imported cars and auto parts with steep tariffsThe U.S. auto industry urged President Donald Trump's administration on Monday not to saddle imported cars and auto parts with steep tariffs.
Source: CNBC - 🏆 12. / 72 Read more »
Drug industry CEOs say the problem isn’t high prices, it’s how misunderstood they areLeaders of seven top drug companies told lawmakers this week that Americans should be grateful for their work, even if patients pay “some of the highest prices in the world.' Via columnist Davidlaz Davidlaz That's pure, unadulterated bullshit! Davidlaz Only the wealthy would be grateful if only the wealthy can afford pharmaceuticals. Davidlaz Thought this was an Onion headline.
Source: latimes - 🏆 11. / 82 Read more »
Luxury-Goods Industry Has a China ProblemElite brands’ overreliance on Chinese shoppers became obvious in 2018. Among the pitfalls: Sales could turn volatile if consumers curtail spending, and courting Chinese tourists too much may cause overcrowding in European stores. Understand ur eastern customers and make sales strategies accordingly. Sincere respect is the core. ‘Non-sensing’ about volatilizing is rather destructive than constructive. Houses are eating all the money
Source: WSJ - 🏆 98. / 63 Read more »
AI Helps Auto-Loan Company Handle Industry’s Trickiest TurnMachine-learning system helps a subprime auto lender analyze data differently to determine credit worthiness of borrowers, thereby allowing the firm to boost its volume without lowering its lending standard. gotta love the staged white board picture. classic ! I just used my AI code to work out that 99% of companies are going to be bullshitting about using the words ai in 2019 to sound good. Ah yes the last time people thought they were smart enough to make sub prime loans that worked out swell.
Source: WSJ - 🏆 98. / 63 Read more »
The Secret to the Auto Industry’s SuccessU.S. consumers are paying more for their vehicles, whether new or used, bailing out Detroit as sales sputter. Always looming for a bail out of some kind Why did Obama bail out US car companies again?
Source: WSJ - 🏆 98. / 63 Read more »
Mexico auto industry warns of plant suspensions if gasoline crisis worsensSome Mexican auto plants may end up suspending operations if the government does... We should pay for their gas! Well not directly, but through some half-done trade deals for exported coal. Fuel crisis? What is this the 70s? News: US president faces impeachment Spain ruined Mexico, Central and South America.
Source: Reuters - 🏆 2. / 97 Read more »
China to restrict auto industry investment: state plannerChina's state planner said on Tuesday it had approved tougher new regulatio...
Source: Reuters - 🏆 2. / 97 Read more »
Tesla has achieved something that nobody in the auto industry thought was possibleTesla has developed a mini-monopoly in the auto industry, dominating the market for luxury all-electric cars. Scammers.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Excess Capacity In China's Auto Industry Is Not Likely To Have A Happy EndingExcess capacity in the Chinese auto assembly market is a problem. It means more price competition and lower profits. That capacity has to find a home, and removing the excess will be painful.
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