re: #375 Dr Lizardo
So, is this a case of chicken and the egg? Do automakers sense a recession coming so they’re cutting production, or is it potential auto buyers sensing a recession, so they’ve put off buying a new car?
The factory closures are coming with factories that are producing vehicles for production overseas. In other words, it’s a consequence of the trade war, and that vehicles aren’t selling due to the tariffs being slapped on in retaliation by other countries for what Trump is doing.
Trump’s screwing the very people he conned into thinking he’d be helping.
Suckers bet. And lost.