Our Drunken Sailors Are Back: New Vehicle Sales Surge in March, after Rising in January & February, Best Q1 since 2019 by Wolf Richter • Apr 3, 2025 • 82 Comments GM’s Q1 sales soar, with EV sales +94%, Hyundai-Kia and Honda sales soar, Toyota’s nearly flat, Ford’s dip, Stellantis still in death spiral.
Oh Elon! Tesla Deliveries Plunge as Musk Crushes One of the Most Successful Consumer Brands by Wolf Richter • Apr 2, 2025 • 201 Comments Are they still selling any Cybertrucks?
U.S. Demand for Gasoline Faces Long-Term Structural Problem: Plunging Per-Capita Consumption by Wolf Richter • Mar 4, 2025 • 143 Comments Even as miles driven inched to a record and the population surged, gasoline consumption in 2024 was where it had been 20 years ago.
The Collapse of the EV SPACs: Nikola Joins EV SPAC Bankruptcy Lineup. Here Are Those Already Bankrupt, and Those Not Yet by Wolf Richter • Feb 19, 2025 • 73 Comments The Consensual Hallucination that drove the EV SPAC mania didn’t die with the EV SPACs; it moved on to other stocks.
Auto Debts, Auto-Loan-to-Income Ratio, Serious Delinquencies for Prime & Subprime: Our Drunken Sailors and their Auto Loans by Wolf Richter • Feb 18, 2025 • 61 Comments Subprime, which means “bad credit” and not “low income,” is always in trouble. But it’s only 14% of auto loans. Prime is in pristine condition.
Used Car & Truck Prices Heading Higher on Tight Supply, Strong Demand, after U-Turn in mid-2024 from Historic Plunge. Used EV Prices Jump by Wolf Richter • Feb 8, 2025 • 88 Comments Already putting pressure on CPI inflation. Now comes tax-refund season.
Tesla Sales Got Crushed in Q4 in California, its Largest US Market. Non-Tesla EV Sales Jumped to a Record. ICE Vehicle Sales Dipped by Wolf Richter • Feb 3, 2025 • 75 Comments Since 2016, ICE vehicle sales plunged 31%, while EV sales soared 10-fold.
Subprime, Prime, and Overall Auto-Loan Delinquency Rates: Why this Surge in “Subprime” Delinquencies when “Prime” Is Pristine? by Wolf Richter • Jan 22, 2025 • 55 Comments We’re in the 4th cycle of the subprime profit motive after auto-loan securitizations became a thing in the early 1990s.
Why Used-Vehicle Prices May Put Upward Pressure on CPI, after Having Been a Powerful Contributor to Cooling Inflation by Wolf Richter • Jan 8, 2025 • 63 Comments The new-vehicle shortages of 2021-2022 now mean lower supply to the used-vehicle market, amid solid demand.
Ugly Charts of US Auto Sales, 2024: Stellantis Spirals into Catastrophe, GM, Toyota, Ford, Honda Rise but far Below Peaks. Hyundai-Kia Sets Record. EV Sales +10% despite Tesla’s Dip by Wolf Richter • Jan 3, 2025 • 249 Comments New Vehicle sales rise but still below 1986. GM, Ford, Hyundai-Kia book huge EV-sales gains.
