Episode 1093 – Toyota’s New China Brand, Non-Food Crop Ethanol, VW TN May Unionize

Toyota is creating a new China-only brand that will build low-cost and alternative-fuel vehicles. Cellulosic ethanol has not caught on, due to its high price, but that could change soon. It looks like Volkswagen’s Tennessee facility could be the first transplant with union representation. All that and more, plus host John McElroy gives his insight into the global race going on amongst car companies to lock up the supply chain for carbon fiber.