The rise of robot drivers won’t introduce new hazards onto the public road so much as it will give us a scapegoat that we can condemn without implicating ourselves.
New car loans have become the new hot product and Wall Street, not car-loving Americans, is the real market.
Even as the president celebrates a U.S. auto sales record, there are signs that the car bubble his policies helped inflate is already beginning to burst.
Volkswagen’s bombshell admission that it cheated on US emissions testing has become the latest in a string of auto industry scandals driven by moral hazard.
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