Car Industry Rapid SLOWDOWN in China, Europe, and U.S! Mass Layoffs Are Coming.

Look around the world and you see particular trends. Debt is up, tensions are high, and everything seems to be upside down. There is one persistent trend in recent years and that has been to offshore manufacturing of the automotive industry. This was supposed to change for the U.S. but as of now in early 2019, that hasn’t happened. Along with that we see increasing delinquencies for car loans. People can’t pay their car bills and that doesn’t look good for the manufacturers for the near future. This isn’t looking good.

Carmakers to Face More Pain as Sales in China Continue to Slide - BNN Bloomberg
https://www.bnnbloomberg.ca/carmakers-to-face-more-pain-as-sales-in-china-continue-to-slide-1.1215797
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Car Loan Delinquencies Reach New High : NPR
https://www.npr.org/2019/02/17/695536872/car-loan-delinquencies-reach-new-high
Honda set to close Swindon car plant - BBC News
https://www.bbc.com/news/business-47282603