More autoworker jobs coming back to the US

This may be the largest production shift announced yet. The Equinox and Blazer, currently made entirely in Mexico, will not be built here until 2027. Other shifts many happen faster.

Seems like the steep tariffs on imported cars are here to stay. The automakers laying out Billions to adjust must be convinced.

Another item on the wire the last few days said auto imports to the US fell 70% y/y last month.

Steve

2 Likes

A few weeks ago, this board was predicting an imminent 1930s style depression.
People were jumping over each other to claim how they sold their stocks (at the bottom).

3 Likes

Fear & Greed are the investor’s worst enemies.

The Captain

4 Likes

IIRC, Leap still is in that camp.

DB2