Forget Peak Oil, We've hit Peak Car ...

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RLTrader
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Forget Peak Oil, We've hit Peak Car ...

Post by RLTrader » November 27, 2019, 3:20 pm

Audi To Slash 9,500 Jobs As Global Auto Industry Implodes, as Most are ignoring the implosion of the global automobile industry...

https://www.zerohedge.com/markets/audi- ... y-implodes



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Bandung_Dero
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Re: Forget Peak Oil, We've hit Peak Car ...

Post by Bandung_Dero » November 27, 2019, 3:48 pm

Imploding?? = Dramatizing. I would suggest "adjusting" as the article says it's a 5 year plan and IMHO robotics, alternative energy and other technologies are streamlining the industry. Let's face it, when we are not so long dead in 50 or so years there will not be any private automobiles operating as we know it. OK, obviously the antique sector will be there.
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stattointhailand
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Re: Forget Peak Oil, We've hit Peak Car ...

Post by stattointhailand » November 27, 2019, 3:58 pm

and Lewis Hamilton will STILL be given the fastest car on the grid :-"

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saint
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Re: Forget Peak Oil, We've hit Peak Car ...

Post by saint » November 28, 2019, 3:46 am

I would say its part and parcel of the world financial slowdown , and that recession is just around the corner .

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