Repossessions are at post-2009 highs, $4 gas is in its fifth month, hiring has stalled, and prime borrowers are slipping. Repo Watch tracks it monthly.
Hertz sold half the votes in robotaxi unit Oro for about a sixth of the profits. The 8-K shows where the $81 million went.
Ford pulled its Lightning parts work from JG Kern in Sterling Heights, some of it reportedly to India. Tariff rules and supplier contracts left the shop exposed.
Auto debt hit $1.71 trillion. Here’s where delinquencies, negative equity, and lender fraud are actually hurting car owners.