GM Shuts Down its Misbegotten Robotaxi Money-Pit after Acquiring Cruise in 2016 and then Blowing $10 Billion on It by Wolf Richter • Dec 10, 2024 • 95 Comments Cruise was supposed to generate $50 billion in revenues by 2030, according to GM’s former hype, which Wall Street ate up.
Used-Vehicle Prices Turn into Inflation Headwind, after Historic 2-Year Plunge Helped Power the “Deceleration” of Core CPI by Wolf Richter • Dec 7, 2024 • 47 Comments Prices are rising again, amid tight supply, sharply reduced flow through the used-vehicle pipeline, and strong demand.
Cut the Price and They Will Come: New-Vehicle Sales Jump amid Big Discounts and Incentives, as Inventory Balloons by Wolf Richter • Dec 4, 2024 • 91 Comments But prices are still way too high, and automakers are not cutting them nearly enough.
Americans Buy Ever Bigger, More Powerful, More Fuel-Efficient Trucks, SUVs & Cars. EVs Escalate the Horsepower War by Wolf Richter • Nov 25, 2024 • 83 Comments “The roughly linear increase in specific power” of ICE vehicles over the past 50 years “does not appear to be slowing”: EPA.
Auto-Loan Balances, Burden, Subprime & Prime Delinquency Rates, and Subprime Dealer America’s Car-Mart in Q3 2024 by Wolf Richter • Nov 16, 2024 • 64 Comments Subprime is always in trouble, and now, after the reckless-subprime lending era, more so. Prime is in pristine shape. Car-Mart joins our Imploded Stocks.
Our F-150 XLT & Camry LE Price Index, Going Back to 1990, Is Updated with 2025 Model-Year Prices. There Were Some Twists by Wolf Richter • Nov 11, 2024 • 132 Comments Ford cuts truck prices after grotesque increases in prior years. Toyota axes the base Camry; new base Camry is a more expensive hybrid.
Used Vehicles Getting Ready to Turn into Inflation Headwind, after Historic Plunge Had Powered Core CPI “Deceleration” by Wolf Richter • Oct 18, 2024 • 93 Comments The used-vehicle pipeline is messed up for years to come.
More Evidence this May Be the End of the Historic Plunge of Used Vehicle Prices that Had Pushed Down CPI by Wolf Richter • Oct 7, 2024 • 44 Comments Amid tight supply and strong demand.
Ugly Q3 for ICE Vehicles. Total Q3 Sales Dropped Year-over-Year. But EV Sales Jumped, even at GM & Ford by Wolf Richter • Oct 2, 2024 • 56 Comments Prices too high, automakers too slow cutting them from the pandemic spike. Stellantis sales plunged 20%, a fiasco.
Tesla’s Global Deliveries Rise, Best Q3 Ever, But Not Enough to Fix the Shattered High-Growth Story by Wolf Richter • Oct 2, 2024 • 89 Comments Cybertruck production ramping up, starting to show up in the numbers (a little). Long way to go.
