Jonathan Smoke

Jonathan Smoke of COX Automotive and Mike Brisson, a vehicle industry expert, discuss the potential consequences of the UAW strike for the auto industry, including supply chain disruptions and closure of operations. They also analyze the impact of the strike on automakers, inflation, and small business pessimism. The discussion also touches on business confidence and the vehicle industry, strikes' effects on vehicle prices, and statistics on inflation and the Consumer Price Index (CPI). Lastly, they address concerns about rising fuel prices and its potential effects on the economy.

Jonathan Smoke, Chief Economist for Cox Automotive, and Michael Brisson, Director at Moody's Analytics, dive into the automotive landscape. They discuss the impact of tariffs on production and pricing, dissecting their differing views on auto credit's future. The pair highlight trends in vehicle sales, driven by consumer fears and economic pressures like rising auto loan delinquencies. Additionally, they examine how wage growth interacts with consumer behavior in a volatile market, offering key insights into the industry's outlook.