A plunge in Chicago kicks off more concerns over the global car business. Layoffs and plant closures keep coming as automakers are having enormous difficulties first aligning their businesses with the lack of recovery. On top of that, more indications beside Chicago pour in showing falling cyclical demand for cars, too.
Eurodollar University's Money & Macro Analysis
Reuters Europe's embattled auto sector plans plant closures and layoffs
https://www.reuters.com/business/autos-transportation/europes-embattled-auto-sector-plans-plant-closures-layoffs-2024-12-02/
InsideEVs Honda's CEO Struggles To Explain Why Nissan Merger Makes Sense
https://insideevs.com/news/745625/honda-nissan-merger-struggling-reason/
Japan trade
https://www.customs.go.jp/toukei/shinbun/trade-st_e/2024/2024115e.pdf
https://www.eurodollar.university
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