Thursday, September 28, 2023

Major Car Wrecks

VW just suffered a major shutdown of its facilities:

https://www.zerohedge.com/technology/nothing-working-volkswagens-factories-germany-paralyzed-after-massive-it-malfunction

Toyota recently experienced the same thing:

https://www.reuters.com/business/autos-transportation/what-happened-shut-down-toyotas-production-japan-2023-08-30/

Just a coincidence? With major US car makers affected by labor issues, if the other major players can't keep their factories running, that does not bode well for the industry in general.

Could this be another part of the "great reset"? Hmmm...

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