The Auto Bailout 10 Years Later: Was It the Right Call?

Back in 2009, the $80 billion auto industry bailout met with severe backlash from both lawmakers and a public already angered by the taxpayer expense needed to salvage Wall Street. Ten years after the financial crisis that nearly caused the industry’s collapse, PVMI director John Paul MacDuffie evaluates the bailout’s merits.Read More

Autonomous Vehicles Could Worsen Urban Congestion, New Study Finds

Overcrowded downtowns could see an increase in traffic thanks to autonomous vehicle (AV) technology, according to a new report released by the World Economic Forum and the Boston Consulting Group with the city of Boston. Using surveys and traffic simulations, the study found that AVs would draw travelers away from mass transit options and encourage automobile use for short trips in city centers.Read More