Another #car #manufacturer in the #automotive #industry is shutting down due to the #chip #shortage - this time #opal #vauxhal in #germany https://www.reuters.com/business/autos-t.. An #economic #collapse is imminent... How can the largest industries in these economies pause for more than a year and not result in lost jobs and a massive decline in their respective #economies ?
It's not enough that #environment #activists are coming for the #fuel in your #car - they want to get rid of the #automotive #industry entirely - no more personal #transport https://www.youtube.com/watch?v=VIBeIKAo.. As #jefftaylor suggests, the #uk is failing to #invest into future #demand - it can't even handle today's demand!
This #evergrande story just keeps blowing up - apparently the #founders of #evergrande #property apparently also setup #evergrandeauto - a company that has processed #billions of #dollars without ever selling a single #car https://www.zerohedge.com/markets/evergr.. They had done a bunch of #investor rounds as a way of generating #income and #inflating #stocks - very weird.
Turns out a #family member has been in a #car #accident - potentially #brokenarm ... My only real wish whilst being out here in #nz is that my family would try not to bloody #injure themselves or #die whilst I'm away. Bloody hell.
Yeah, no #narc #car for me thanks: https://aardvark.co.nz/daily/2021/0830.s.. #aardvark raises a great point about these #mandatory #gps reporting capabilities #required for all new the cars in the #uk and #eu - most likely everywhere else too. I'll build my own car without the #spyware thanks. Where I go and what I do is entirely my own business.
Looks like a "new" #scam to be on the lookout for in the #car #rental space - #finding #customers for cars that have been #stolen back by your company https://twitter.com/tarikhcampbell/statu.. Somewhere in the #avis #company this appears to be happening... Honestly these days its almost worth just buying a cheap car rather than renting one.