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Buy a Car—or Else!


Posted Friday, July 3, 2009 - 12:55pm

TBM contributor Gabriel Bertone’s piece on the liquidity trap we’re possible currently in got me thinking about my own earlier post about sustaining a mild rally in the auto market. It’s no secret that I’ve felt since early this year that the financial sector has been sucking up a disproportionate measure of public funding while carmakers and consumers have been forced to limp along with budget bailouts.

  • Matthew DeBord has written about the auto industry for the Washington Post, the Los Angeles Times, the Huffington Post, and Car Design News.

No Jobs, Yes Cars?


Posted Friday, July 3, 2009 - 12:17pm

Depending on whom you believe, the unemployment rate is either just shy of 10 percent or in fact higher when you account for job seekers who’ve given up looking. The economy lost more than 450,000 jobs in June. Ouch. But does that mean the mild recovery in the auto industry will peter out? Or will the mild “rally” in the auto biz stay on track?

  • Matthew DeBord has written about the auto industry for the Washington Post, the Los Angeles Times, the Huffington Post, and Car Design News.

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