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- Large European Job Cuts Coming at Ford, Again
- Lexus, Honda Top 2025 U.S. ALG Residual Values
- Pablo Di Si Out at VW Group of America
- DOJ – Cruise Deferred Prosecution for Pedestrian Crash
- Toyota Huntsville Finishes 168-acre Solar Array
- October Global Light Vehicle Sales Rate at 93 Million
- On Sale? New Vehicle Incentives Rise in October
- Vast Executive Reorganization at Hyundai Group
- National Recycling Plan Advancing Circular Economy
- First Look New 2025 Acura ADX Compact SUV
- Chinese EV Trade Wars Hits Volvo Cars
- NHTSA Fines Ford $165M for Flouting Recall Law
- NLRB Rules Against Anti-Union Captive-Audience Meetings
- GM Recall for Wheel Lockup on Diesel Pickups and SUVs
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- 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
- American Airlines and JetBlue Alliance Blocked | AutoInformed on Justice Sues to Block JetBlue’s Purchase of Spirit Airlines
- UAW President Shawn Fain on 2024 Presidential Election on Donald Trump is a Scab – UAW Endorses President Biden
- Toyota Motor FY2025 Q2 Earnings Down Significantly | AutoInformed on More Toyota Certification Problems Emerge from MLIT Probe
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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 →