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- GM Spending $30M at Fairfax to Flex EV and ICE Making
- First Look – Genesis X Skorpio Concept
- Porsche Head of Design – Sühlmann Succeeds Mauer
- GM Posts 2025 Net of $12.7B on $185B Revenue
- EVs Outsell Internal Combustion Vehicles in EU!
- Volvo Car Financial Services Extends BoA Deal
- Tesla, Toyota Top Power 2026 U.S. ALG Residual Value Awards
- Fire Risk – Ford Recalls Escape, Explorer, Focus, MKC Models
- Pessimism on the Economy – A Pox on Both Parties
- Nissan Sells South African Plants to Chery SA
- January 2026 U.S. Auto Sales Forecast Down
- FDIC Conditionally Approves Ford Credit Industrial Bank
- First Look – 2026 Mercedes-AMG F1 W17 Racer
- Volvo EX60 Mid-Size SUV Debuts
Recent Comments
- UAW Ford Department Director VP Laura Dickerson on Trump's Ford Plant Visit on Whitmer Stands in Stark Contrast to Trump at Detroit Auto Show
- Ken Zino on Ford Fuel Injector Leak Recall Now at ~694,000
- Laverne Oliver on Ford Fuel Injector Leak Recall Now at ~694,000
- Magna on its Share Repurchase Plan in reference to on Magna Posts Solid Q3 2025 Earnings Gain
- Daniel Ricciardo Global Ford Racing Ambassador on Ford Performance Rebranded as Ford Racing
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Tag Archives: us unemployment
More than 20 Million Jobs Lost in April as ~15% Unemployed
Employment fell sharply in all major industry sectors. There were particularly heavy job losses in leisure and hospitality where the spread was initially ignored as Washington slept – until people, now former customers stopped traveling or died. This was out of self-preservation as the corpses mounted in non-living color on the news and in statistical counts. It was also the result of some Democratically-controlled states where shelter in place was imposed out of concern for the health of residents and not for the health of the increasingly infected Trump reelection campaign. Continue reading
As Automakers Move to Eliminate Franchised Car Dealers, the “No Jobs” Debate Continues over the future of the US Economy
Not coincidentally, the survey comes as automakers are redoubling efforts to sell vehicles online as a way around traditional middlemen, specifically NADA members, which of course raises the end price of a new vehicle to buyers. Continue reading
UAW to Demonstrate During Romney Speech at Ford Field
GM’s latest financial results added fuel to a raging fire as the elite political ruling class continues a contentious debate about the proper roll of government in the flagging U.S. economy in general, with the $80 billion auto bailout one of the focal points. One wag suggested that Democrats should run on “Bin Laden is Dead, GM is Alive,” a tough argument for Republicans and their ‘do nothing’ Congress to refute in the view of critics and what appear to be many pragmatic voters. Continue reading
Posted in auto news, economy, fools 'n frauds, news, news analysis, people
Tagged 2012 election, auto bailout, auto informed, autoinformed.com, automotive news, Ken Zino, mitt romney, uaw, us unemployment
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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 →