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Generation Why: Data, Not Prognostications
This episode of Generation Why is brought to you by some numbers, not essays on product or marketing efforts. The chart above shows the mean earnings of college graduates with a Bachelor’s degree and...
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PSA Cuts More Jobs In France, Dacia Expands In Morocco
Peugeot is deepening job cuts at its French factories, with another 1,500 positions set to be made redundant as part of a massive cost-cutting effort. Meanwhile, rival automaker Renault is expanding...
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QOTD: Is Australia The Canary In The Coal Mine For Canada?
The latest round of bad news regarding the Australian domestic auto industry has shifted TTAC’s attention to Canada, another country burdened with some similar issues. If Australia’s own car industry...
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Missed Opportunities: Forever A Day Late And A Dollar Short?
In 1991, I came back from Operation Desert Storm with a pocketful of money from the several months I had spent aboard an oil tanker as a part of the USS John F Kennedy battle group in the Red Sea....
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Generation Why: No Job, No Money, No Car
“Too Poor To Drive”. This is the gut level conclusion that’s been propagated in “Generation Why” since January, 2012, long before the theory gained currency in the broader automotive world. In the...
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Generation Why: 2013 Even Worse For Young Car Buyers, But The Dream Is Still...
A study by Edmunds on the buying habits of millennials shows that 2013 was not a particularly good year for young car buyers. Despite making good headway in 2012, 2013 saw those gains practically...
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QOTD: The Economics Of Ownership
$150 a week. For some folks, this is a mere pittance. A lunch for four at a fancy restaurant that can be easily charged off to Uncle Sam and his seventeen trillion dollar debit card. For others, it’s...
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How Did Autos Fare In The US Economic Recovery?
I’m an economist, and do more than think about the industrial organization (IO: “structure, strategy, conduct and performance”) of the auto industry. Here I present overall employment data and then...
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25 Years On, Are Cars Really More Expensive?
That’s the question that Marketplace is asking, using the Honda Accord as a yardstick. In 1989, a Honda Accord with 98-horsepower, no ABS, crank windows and no A/C. In 1989 dollars, that would set you...
View ArticleQOTD: Can You Hit ’em Where They Ain’t? (Bottom of the Barrel Edition, Pt. 1)
This week marks the first of a three-part QOTD series where we’ll discuss everyone’s favorite topic here at TTAC: used cars. And for this first installment, we’re on a tight budget. This week’s post...
View ArticleQOTD: Can You Hit ’em Where They Ain’t? (Middle of the Market Edition, Pt. 2)
In last week’s Part 1 of this three-part QOTD series, we asked you to scan through the old brain box and offer up good examples of used cars for the budget-minded motorist, keeping your purchase within...
View ArticleQOTD: Can You Hit ’em Where They Ain’t? (Feeling Flush Edition, Pt. 3)
This week is the third and final installment of our QOTD series about cornering the used car market and finding the most bang for the buck. We’re going all out for this finale, and giving you plenty of...
View ArticleAttention, Plebs: New Cars Are Becoming Prohibitively Expensive
As new vehicle prices continue to climb, many wonder how high MSRPs can go before the public decides to take a pass — assuming they haven’t already. Sales growth is slowing, even in seemingly...
View ArticleAnalysts: Recent Automotive Job Cuts Are Just the Beginning
Over the last six months, automakers have announced roughly 38,000 job cuts as part of global restructuring efforts. While such things are typically part of the normal ebb and flow of the industry, the...
View ArticleBiden to Slash U.S. Fossil Fuel Emissions 52 Percent by 2030
Today President Joe Biden committed to cutting U.S. fossil fuel emissions up to 52 percent by 2030. His statement came during a virtual climate change summit with 40 world leaders. Presidents Xi...
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