Trump speaks on EPA auto rules. Stop/start feature is terminated in cars.
https://x.com/i/broadcasts/1BRJjgmgaeWxw https://www.whitehouse.gov/videos/president-trump-makes-an-announcement-with-the-administrator-of-the-epa/
auto,
Garmin Auto-land just saved a passenger plane with an incapacitated pilot by auto engaging and landing
“One mistake you did make, a passenger didn’t push the button. It was completely deterministic. The autopilot feature noticed a lack of sustained input to the point where ATC was listing the flight as Nordo. and then it self-activated the autoland.” h/t JustmeTX
Q4 2025 U.S. credit card and auto loan delinquencies reach 2008 levels while student loan 90+ day delinquencies surge to a record 14%. Credit card debt hits record $1.28 trillion.
Q4 2025 student loans transitioning to 90+ days delinquent surged to +14%, a level never seen before in history. pic.twitter.com/OIBZin9gx1 — Financelot (@FinanceLancelot) February 10, 2026 CREDIT CARD STRESS IS SURGING: 12.7% OF CREDIT CARD LOANS ARE NOW 90+ DAYS DELINQUENT, THE SECOND-HIGHEST LEVEL EVER, SURPASSED ONLY DURING THE AFTERMATH OF THE GLOBAL FINANCIAL CRISIS …
Auto giant Ford reported its worst quarterly earnings in four years on Tuesday, and a net loss of $8.2 billion for 2025.
Auto giant Ford reported its worst quarterly earnings in four years on Tuesday, and a net loss of $8.2 billion for 2025, the largest yet since the 2008 recession. At least some of that is due to the $4.8 billion that the company’s electric vehicle division lost in 2025. Electric vehicle sales were battered, and …
Subprime auto loan delinquencies hit a record high at 6.65%.
#KeyTakeAwaysHistorical data from previous cycles (1990, 2001, 2008, 2020) suggests a consistent sequential breakdown in credit performance. • Record Threshold: Subprime 60-day delinquency at 6.65% is the highest level since data collection began in the early 1990s •… pic.twitter.com/j1nsuZZ9dZ — DeltaSage (@deltasage_ai) January 14, 2026
China is leading a historic shift in the global auto industry
China is leading a historic shift in the global auto industry: Global sales of Chinese vehicles are estimated to have surged +17% YoY in 2025, to a record ~27 million units byu/RobertBartus inEconomyCharts Japan — ~$60–65B Germany — ~$40–45B United States — ~$25–30B China — ~$17–20B South Korea — ~$14–16B France — ~$9–11B Italy — …
Zillow CEO braces for another soft year in the housing market; Slowing auto sales fuel concern over near record car prices
The $16 billion company is pushing more into the transaction side of the real estate industry, which Jeremy Wacksman calls ‘a better business to be in.’ On his Zillow account, Jeremy Wacksman has “favorited” every home he’s ever lived in, just to keep tabs. Among them: a two-story, 2,500-square-foot house with four bedrooms, 2½ bathrooms …
With over $1.29 trillion in credit card balances, $1.6 trillion in auto loans, and $1.5 trillion in commercial real-estate debt now at risk, the U.S. is marching into a full-scale crisis.
America’s banking system is entering a dangerous new phase — and the warning signs can no longer be ignored. In today’s video, “The American Banking Crisis Just Got Worse (Defaults Are Rising),” we break down the shocking financial data that major media outlets continue to downplay. Credit card delinquencies, auto-loan defaults, commercial real-estate collapses, and …
Repo markets showing 2019 style stress, liquidity thinning fast. The subprime auto loan market is blowing up
Repo-pocalypse: Banks Are Quietly Borrowing from the Fed Again Like It’s 2020 The Fed injected $125 billion into the banking system in just five days — its largest short-term cash rescue since the 2020 crisis. Banks are tapping the Fed’s repo window at pandemic-era levels, a signal that liquidity may be thinning faster than expected. …
Automakers and banks turned chip shortages into a profit scheme and now the auto loan bubble is coming apart
Something ugly is happening inside America’s car market. The same people who turned chip shortages into record profits are now watching their own credit machine seize up. Automakers kept prices high, banks kept pushing loans longer, and everyone pretended buyers could keep up. Now the math has stopped working. The cracks started in the same …
GM is officially cutting Apple CarPlay and Android Auto
[NEWS] GM is officially cutting Apple CarPlay and Android Auto: CEO Mary Barra confirmed the phase-out, saying GM will move to a single, native in-car system built on a new centralized computing platform. Meaning, by 2028, every GM vehicle will run its own interface. And will… — Car Dealership Guy (@GuyDealership) October 24, 2025 Both …
Five-alarm Hillside New Jersey auto shop fire destroys nearby homes and stores
https://twitter.com/chatnewshub/status/1978311067680837988 An explosion at a New Jersey auto body shop sparked a raging 5-alarm fire that destroyed several neighboring businesses in a “harrowing” scene Tuesday evening, according to authorities and reports. “We had a wall collapse and apparently the entire shopping section of Maple Avenue from Conklin and Winans Avenue has been destroyed,” Hillside Mayor …
US and Canada Have a New Spat Over Auto Tariffs
Authored by Mike Shedlock via mishtalk, “Our relationship will never again be what it was,” said Canadian Prime Minister Mark Carney Trump Brushes Off Carney Bloomberg reports Trump Brushes Off Canadian Prime Minister Mark Carney. Canadian Prime Minister Mark Carney pushed back against US President Donald Trump’s protectionism in the auto industry, saying North America’s interwoven supply …
This would kill the Canadian Auto Industry. They can’t compete with the pricing.
oh no … China's going to sell us EVs subsidized by their tax payers to our tax payers … I'm sure this is going to hurt our tax payers, would somebody please think of the children — John Huang (@zzjohnh) October 12, 2025 This is only in response to us getting impact at the US …
US auto loan debt market suffers its biggest monthly loss since March 2020
WTF is a missold car loan? pic.twitter.com/zPJ79mXUY7 — Nobody Special (@JG_Nuke) October 7, 2025 US auto loan debt market suffers its biggest monthly loss since March 2020#MacroEdge — MacroEdge (@MacroEdgeRes) October 7, 2025 Something to seriously pay attention too. Not good. Is housing next? Auto and mortgage/rent are the first two things consumers pay because …
Tricolor Auto Holdings files Chapter 7 leaving 25,000 creditors and billions at risk. Could Tricolor Auto Holdings’ bankruptcy trigger a wider financial contagion?
Tricolor Auto Holdings just blew up, and the fallout is spreading fast. What was once a quiet giant in subprime car lending has collapsed into Chapter 7 bankruptcy. Cars are gone, loans are unpaid, and billions in debt are floating in the system with nowhere to land. But the real danger isn’t the bankruptcy itself, …
Germany cuts 125,000 industrial jobs in six weeks, auto and steel sectors collapse
What the hell is happening in Germany right now? In just six weeks, the country announced 125,000 industrial job cuts. Think about that for a second. If the U.S. were hit at the same rate, that would be like 300,000 factory jobs gone or 500,000 total jobs wiped out in a month and a half. …
First blood: Tricolor Holdings files for bankruptcy in Texas, sends AAA bonds crashing, JPM, BCS, and FITB face billions in exposure from subprime auto fraud.
AAA bonds rated just two months ago are crashing, with lower tranches nearly worthless. Subprime auto debt tied to fraud is imploding while rating agencies keep pretending nothing is wrong. First blood….. https://t.co/LEFhuiY4JY — Bogachan Ozdemir (@Bogachan_1971) September 11, 2025 🚨Tricolor’s AAA bonds (rated 2 months ago July ’25) just plunged—par to 78¢, lower tranches …
Too Much Debt? Auto And Office Debt Markets Are Bursting!
by confoundedinterest17 Too much debt? The car market bubble is bursting! Subprime auto loan delinquency rates have now surpassed 5% for the first time in history. The 60-day delinquency rate for subprime auto loans has more than DOUBLED over the last 3 years. Delinquency rates are now ~1.5 percentage points above the 2008 Financial Crisis peak. At …
The car market bubble is finally showing cracks. Subprime auto loan delinquency rates have hit over 5%, the highest ever recorded.
Delinquency rates are now ~1.5 percentage points above the 2008 Financial Crisis peak. At the same time, prime auto loan delinquencies rose to their highest in 15 years. Meanwhile, the total value of auto loans in the US jumped $13 billion, to a record $1.66 trillion in Q2 2025. An auto debt crisis is brewing. …
Massive fire breaks out at Louisiana auto supply facility
An explosion and fire Friday at an automotive supply company in southeast Louisiana sent flames into the air and a tower of thick black smoke billowed above rural communities, forcing nearby residents and an elementary school to evacuate. Officials said no injuries have been reported in the fire at Smitty’s Supply just north of the …
Mexico Outpaces US in Auto Exports to Canada
by Martin Armstrong Canada is turning to Mexico for automobiles amid tariffs, with imports from Mexico surpassing those from the US for the first time in 30 years this June. Approximately C$1.08 billion in passenger vehicles were sent from Mexico to Canada compared to C$950 million from the US during that same time period, as …
Japan slashes car export prices to absorb US tariffs while auto margins collapse and Goldman warns of GDP hit
“Japan’s passenger car export prices to the US declined by a cumulative 20% or so in April-June. This implies that, for the time being, the Japanese auto industry is absorbing more than half of the 25 pp additional tariff on passenger cars, thereby mitigating the rise in US selling prices. If this trend were to …
India offers zero-for-zero tariffs on both auto parts and steel from the United States.
BREAKING: India offers zero-for-zero tariffs on both auto parts and steel from the United States. — The Kobeissi Letter (@KobeissiLetter) May 5, 2025 In a bid to advance its ongoing trade negotiations with the United States, India has reportedly offered to impose zero tariffs on select American goods, including steel, auto components, and pharmaceuticals—up to …
Japan slams auto tariffs refuses deal without full rollback
Japan Presses U.S. to Scrap 25％ Auto Tariffs as Ishiba Refuses Partial Trade Deal; No Deal Without ‘Total Rollback’ The government decided Saturday to continue to press the United States to review its extra tariffs on Japanese automobiles during bilateral talks aimed at scrapping the Trump administration’s tariff measures. Washington has excluded automobiles and other …
Humanoid robot boom projected to hit $5 trillion by 2050. Morgan Stanley sees humanoids outpacing global auto industry
Morgan Stanley’s Adam Jonas just introduced the “Global Humanoid Model,” projecting 1 billion humanoid robots and $5 trillion in annual revenue by 2050. They believe the implications for global manufacturing, supply chains, and geopolitics are still under-appreciated. Morgan Stanley sees humanoids eventually eclipsing the global auto industry in size, with final equipment sales reaching nearly …
Six Auto Groups Lobby Trump Warning About Layoffs and Bankruptcies
via Mike Shedlock: In a rare, unified message, auto groups warn Trump about tariffs. CNBC reports Auto groups lobby Trump administration against parts tariffs Six of the top policy groups representing the U.S. automotive industry are uncharacteristically joining forces to lobby the Trump administration against 25% tariffs on auto parts that are set to take effect …
Auto loan debt hits $1.7T all-time high. Dealers sit on growing mountain of unsold inventory
The automotive industry is facing unprecedented challenges, highlighting five major trends that strongly indicate a significant price correction is on the horizon. With total auto loan debt reaching an all-time high of $1.7 trillion, vehicle inventories accumulating, and looming tariffs on imported cars threatening to inflate prices further, consumers considering vehicle purchases in the next …
Trump considers pausing his auto tariffs
U.S. President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains. “I’m looking at something to help some of the car companies with it,” Trump told reporters gathered in the Oval Office. The Republican …