-
Recent Posts
- Trump Tax Cuts for Rich among other things Wildly Unpopular
- World Endurance Championship – New Ferrari 499P
- Toyota Develops New 3rd Gen Fuel Cell System
- J.D. Power – Three Year Old Vehicle Problems Up
- Penske Automotive Group Posts Record Q4 Revenue of $7.7B
- Magna Expands Partnership with Mercedes-Benz
- U.S. EV Adoption to Stall in 2025
- Corvette ZR1 Sets Five Records on U.S. Track Tour
- Toyota Recalls 2024-2025 Tacoma Models for Bad Brakes
- First Look – New Volvo EX30 Cross Country
- Ford Recalls Expeditions, Super Dutys and Lincoln Corsairs
- MBUSA Recalling EQB models for Battery Fires
- Global Warming – U.S. Lags on EV Truck Battery Swapping
- Chevrolet Blazer EV SS to Pace Daytona 500 on Sunday
- NOAA – 2024 Was Earth’s Warmest Year on Record
Recent Comments
- US Auto Sales Forecast Trump Bump or Bumpy 25? | AutoInformed on Trump Presidency Effects on Auto Industry – All Bad?
- Lisa Jacobson on Fossil Fuel Phase Out or Cop Out at COP28?
- Stellantis on Carlos Tavares Out as Stellantis CEO
- NHTSA Fines Ford $165M for Flouting Recall Law | AutoInformed on Ford Recalls Defective Rear-view Cameras on 620,246 Vehicles
- Alfa Romeo Returns to Formula 1 in 2018 via Sauber on Alfa Romeo Returns to Formula 1 in 2018 via Sauber
Archives
Meta
Tag Archives: Biden Administration Recovery
Biden Recovery – Unemployment at Lowest Level in 54 years
“Let’s not forget where we were when the President took office – the economy was in crisis,” said Commerce Secretary Gina Raimondo. “Now, we’ve achieved record job creation, record low unemployment, and a record number of small business applications. America is on the move once again.” Continue reading
Transportation Unemployment Rate Below Pre-Pandemic Level
The April 2022 rate fell 3.9 percentage points from 7.5% in April 2021 and decreased close to the pre-pandemic April level of 3.7% in April 2019. Unemployment in the transportation sector reached its highest level during the COVID-19 pandemic (15.7%) in May and July 2020 under the policies of the voted-out Trump mis-administration. Continue reading
US Vehicle Transaction Prices Down in January
The automobile market is not contributing to inflation. The extensively covered January Consumer Price Index (CPI), a key measure of inflation is widely misrepresented in AutoInformed’s opinion.
Cox Automotive* said today that it observed declines in retail vehicle prices last month, according to actual transaction data. Kelley Blue Book reported that average transaction prices for new vehicles were down by 3.5% year-over-year, Another Cox measure, Dealertrack data show average used retail prices down slightly less. “Both measures indicate the retail auto market is not pushing overall inflation higher,” Cox said. Continue reading →