GM, Toyota, Ford sales down 5th year in a row. Nissan in a death spiral. The Pandemic accelerated what had started in 2016. Long-term view on auto sales.
But Tesla’s market capitalization is higher than the combined total of Toyota, Volkswagen, Daimler, GM, BMW, Honda, Ford, and Fiat-Chrysler. The zoo has gone nuts.
Global market share of 1%. But market cap = combined total of Toyota, Volkswagen, Daimler, GM, BMW, Honda, Ford. Raised $10 billion in three months by selling shares.
We may well see more of these types of charts cropping up for other markets that too went haywire this year.
Bounce back to what? The Pandemic Scrambled Long-Term Trends in both directions.
Commercial trucks and vans too, including at Volkswagen’s Traton, one of the largest truck makers in the world, acquirer of Navistar.
After Crazy Price Spikes over the Summer, Wholesale & Retail Prices Drop, amid Lower Sales and Plenty of Supply.
And I mean, not just by a little. The F150 XLT & Camry LE are at it again. My annual brain-twisting stunner.
Just the Numbers.
For the Ultimate No-Growth Industry: price increases and pushing consumers into more expensive trucks and SUVs.