Trucks & Cars

Oh My, the American Consumer amid the Distortions and Price Spikes of Our Time

by Wolf Richter • Jan 14, 2022 • 131 Comments

“Not seasonally adjusted” retail sales spiked to a record. “Seasonally adjusted” retail sales fell. Both: +16.9% from year ago. What the heck is going on?

Buyers’ Strike Finally? Dynamics of Crazy Used-Vehicle Prices Weakened, Retail Sales Fell, Supply Ballooned to 23% Above Normal

by Wolf Richter • Jan 9, 2022 • 157 Comments

Are these crazy used-vehicle prices finally triggering some resistance among buyers?

New Vehicle Sales in 2021 at 1978 Level: 25 Years of Stagnation Interrupted by Plunges. But Prices Explode to WTF Level

by Wolf Richter • Jan 6, 2022 • 177 Comments

GM and Ford sport 6 year declines of -28% and -27%. Toyota blows all away, but still -7% from 2015. Hyundai-Kia sets new record. Captured in charts.

Inventory & Supply of New & Used Vehicles in Dollars & Units: What a Mess

by Wolf Richter • Dec 16, 2021 • 139 Comments

Dollar-denominated inventories plunged amid historic price spikes. But by units, new vehicle inventories collapsed; used vehicle inventories not so bad, but prices are ridiculous.

Inflation Magic: Retail Sales +19.5% Year-over-Year, But Flat with Blowout Oct, as Department Stores Sagged, Auto Dealers Had No Inventory, and Cannabis Stores?

by Wolf Richter • Dec 15, 2021 • 105 Comments

Spiking prices inflate retail sales across the board, but particularly at auto dealers and gas stations.

Vehicles in Operation and Registrations in 2021 by Automaker and Segment. Where’s Tesla?

by Wolf Richter • Dec 13, 2021 • 121 Comments

And which states are the leaders in pickup truck sales?

Biggest Mess I’ve Ever Seen: Used-Vehicle Wholesale Prices Spike to Ridiculousness. Just Wait till they Hit CPI Again

by Wolf Richter • Dec 7, 2021 • 206 Comments

Supply suddenly jumps, Thanksgiving weekend gets credited.

Crushed Auto Sales, No Problem: Nov. was Most Profitable Month Ever for New Vehicle Sales as Americans Paid Whatever

by Wolf Richter • Dec 2, 2021 • 166 Comments

Thousands of dollars over sticker? I just don’t get this. Something big has changed in the brains of enough (but certainly not all) Americans.

The WOLF STREET F-150 XLT and Camry LE Price Index, Model Year 2022 Update: This is the Craziest Situation I’ve Ever Seen

by Wolf Richter • Nov 20, 2021 • 230 Comments

When trucks are advertised at $10,000 over MSRP, what does MSRP even mean? Now throwing shade on my fancy-schmancy proprietary index.

Dollar Purchasing Power Plunges. Inflation +6.2%. For Urban Wage Earners +6.9%, Highest in 40 years, Most Monstrously Overstimulated Economy Ever.

by Wolf Richter • Nov 10, 2021 • 251 Comments

Fed still printing money & repressing “real” interest rates to -6%, new vehicle prices spike by most since 1975, housing CPI jumps, food & energy soar.

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