Ford CEO: U.S. plant expansion is 'vote of confidence' in Trump

[Chicks]

The Finance 202: Trump promised an auto renaissance. The industry has hit a skid.

https://www.washingtonpost.com/news/...2e52231e8e828/

Hey Whell, how about responding with some of your idiotic "analysis"? We could all use a good laugh!

[whell]

Originally Posted by Chicks

The Finance 202: Trump promised an auto renaissance. The industry has hit a skid.

https://www.washingtonpost.com/news/...2e52231e8e828/

Hey Whell, how about responding with some of your idiotic "analysis"? We could all use a good laugh!

That WaPo article is paywalled, which may be just as well. WaPo's inside-the-beltway view of the auto industry usually leaves a lot to be desired.

Auto sales are actually up this year compared to last, but the auto industry was hit pretty hard by the pandemic, with the related manufacturing shutdowns that reduced inventories (and inflated new car prices) and lingering supply-chain issues. Interest rate increases are also making car financing more expensive.

I'm also pretty skeptical of the impact of the Biden-lead push for EV's. Some estimates have EV's breaking 1MM units this year, which is fine. But there are still issues of charging infrastructure and vehicle range that need to be addressed sooner than later before EV's can become more than a niche market.

So what, exactly, did Trump have to do with the headwinds that have faced the auto industry since 2020?

[RickeyM]

Originally Posted by whell

... But there are still issues of charging infrastructure and vehicle range that need to be addressed sooner than later before EV's can become more than a niche market.

The doubters (not saying our friend here is one) forget that such things as refueling infrastructure and vehicle range were addressed with the horseless carriages too when they began as no more than a niche market.

[Chicks]

Trump's Mexico tariffs would cripple U.S. automakers

https://finance.yahoo.com/news/trump...090832418.html

Hey Whell! Come back and defend your “stable genius“. C’mon, your “expertise” is always good for a laugh.

[whell]

Originally Posted by Chicks

Trump's Mexico tariffs would cripple U.S. automakers

https://finance.yahoo.com/news/trump...090832418.html

Hey Whell! Come back and defend your “stable genius“. C’mon, your “expertise” is always good for a laugh.

Hey Chicklet. Surprise, but I'm on record here as not being in favor of tariffs. A little less straw for your strawman today.

[Chicks]

Trump roasted on CNN for broken promise to save Ohio factory: 'It shut down three months later!'
https://www.rawstory.com/amp/trump-2...896-2665734896

[Chicks]

Wow, four in a row! You must be desperate to deflect from your Dear Leader's legal problems!