The State of American Used Cars & Trucks: A Market Gone Haywire and Now in Process of “Normalizing” by Wolf Richter • Dec 10, 2020 • 79 Comments We may well see more of these types of charts cropping up for other markets that too went haywire this year.
How the Pandemic Scrambled Long-Term Driving Patterns: Americans Already Drove Less, Hidden by Population Growth by Wolf Richter • Nov 15, 2020 • 114 Comments Bounce back to what? The Pandemic Scrambled Long-Term Trends in both directions.
Volkswagen to Throw $86 Billion at EVs over 5 Years. GM, Ford, Others Plow Mega-Bucks into Shift to EVs. Tesla Instigated It by Wolf Richter • Nov 13, 2020 • 298 Comments Commercial trucks and vans too, including at Volkswagen’s Traton, one of the largest truck makers in the world, acquirer of Navistar.
Wild Ride for Used Cars & Trucks in Weirdest Economy Ever by Wolf Richter • Nov 13, 2020 • 65 Comments After Crazy Price Spikes over the Summer, Wholesale & Retail Prices Drop, amid Lower Sales and Plenty of Supply.
WOLF STREET “Pickup Truck & Car Price Index” for 2021 Models Crushes Official “CPI for New Vehicles” by Wolf Richter • Nov 11, 2020 • 151 Comments And I mean, not just by a little. The F150 XLT & Camry LE are at it again. My annual brain-twisting stunner.
Tesla v. GM v. Ford: Sacrilege to Mention Them in the Same Breath, But Here We Go by Wolf Richter • Nov 5, 2020 • 177 Comments Just the Numbers.
Sales of New Cars & Trucks Through October Fell by 2.4 Million Vehicles, to 1985 Levels. Back to the Future by Wolf Richter • Nov 4, 2020 • 102 Comments For the Ultimate No-Growth Industry: price increases and pushing consumers into more expensive trucks and SUVs.
Crazy Times Not Only for Consumers Trying to Buy a Used Car but also for Dealers Grappling with the Distortions by Wolf Richter • Oct 13, 2020 • 82 Comments Retail prices of used cars & trucks spiked most since 1969 despite lower sales and plenty of supply. Wholesale prices, after biggest spike ever, are already falling.
Astounding Distortions & Historic Price Spikes in Used-Vehicle Wholesale Market Begin to Unwind by Wolf Richter • Oct 9, 2020 • 70 Comments This stimulus economy is producing the weirdest effects.
California Sales Ban of New Gasoline & Diesel Vehicles Jolts Half-Dead Business Model of Electric Utilities & Power Producers, Including in Other States by Wolf Richter • Sep 28, 2020 • 215 Comments A light goes on after more than a decade of falling electricity demand. No business wants to operate in a declining industry.