“Expert sentiment is at its lowest point since October 2010, largely due to market observers’ reactions to the Monterey auctions.”
August wholesale auction price index hits record after longest series of year-over-year price gains since 2001.
Here’s why — and how that’s impacting truck makers.
Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war.
But these are the good times. Automakers are not amused.
Today’s scenario is very unlike the plunge during the Financial Crisis, which blew over in no time.
And rideshare revenue is stagnating.
Consumers and companies keep plugging, the world has not come to an end.
Story stocks, momentum stocks, hyperventilation stocks, consensual hallucination stocks, financial engineering stocks: anything but reality.
In their most important US market, the plunge in registrations far outpaced their already stunning global decline. Which opens a whole new question.