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“I’m Truly Starting To Fear The Worst For The US Car Industry…”

Authored by Ethan Gaines via A Cold War Relic blog, I love selling cars, the industry gave me a purpose after the shitty experience of being a corporate cog. But I’m truly starting to fear the worst for the American car industry. The industry has shown growth since the dark days of the recession but […]


California Moves One Step Closer To “Mileage Tax”; Could Require Tracking Your Cell Phone Movements

Just a few months after implementing a massive 60% hike in gasoline taxes, raising them from $0.297 per gallon to $0.417, the state of California is now one step closer to implementing a brand new tax that would charge drivers for each mile driven.  As a quick example of how shockingly misguided such a piece […]


Producer Prices Surge At Fastest Rate In Almost 6 Years

Following September's hotter-than-expected Core PPI (and 5Y high in PPI), October was expected to see a modest slowdown but headline PPI printed a massive 2.8% YoY (smashing the 2.4% exp). This is the hottest PPI since Jan 2012,  driven by surges in fuel prices and drugs.   Core PPI also beat expectations, rising 2.4% YoY […]


7 Years & Counting – Trump’s Looming EV Time-Bomb

Authored by Eric Peters via EricPetersAutos.com, In just seven years’ time – unless Trump does something before his four years are up – the average fuel efficiency of the average car will have to almost double. From 35.5 MPG (now) to 54.5 MPG by 2025. So reads the fuel economy fatwa issued by Trump’s predecessor. […]


Storm-Impacted Retail Sales Disappoint Despite Biggest Spike Since March 2015

Following August's slump (worst since Jan '16), September's retail sales data was expected to surge 1.7% MoM (thanks in large part to the spike in auto sales) but it disappointed with a 1.6% spike (still the most since March 2015). U.S. retail sales jumped last month by the most in more than two years as […]


Brits Have Suddenly Stopped Buying Cars

British people have suddenly stopped buying cars and as BI's Jim Edwards notes, it's not clear why. As the following chart from Barclays shows, both new- and used-car sales have collapsed…   While the slump in consumer confidence remains a major factor… But as Edwards notes, a number of other factors are colliding simultaneously to […]