Now at least, price discovery can take place amid a more ample flow of vehicles. But the entire industry dreads a Hertz bankruptcy could cause lenders to liquidate its fleet.
With 30 Million Unemployed, Even Prime Loans Will Get Messy
No one has ever seen a mess like this before.
When the unemployment crisis exploded onto the scene three weeks ago, sales totally collapsed. What’s in store for the industry?
You’ve got to admire Musk for snookering true believers into buying $2 billion of new shares a month ago that are now down 52%.
The coronavirus is just the latest in a long series of issues successfully brushed off as irrelevant because all that mattered was that stocks went up.
Market share of EVs reaches 5.3%. The registrations data is out in all its glorious detail.
GM tries to shrink itself out of trouble. And it shrinks where it wants to grow. But when will it stop before hitting zero? Ugly charts of GM’s global vehicle sales, by region.
Nearly a quarter of all subprime auto loans are 90+ days delinquent. Why?
Ever since it got sidetracked by its “Smart Mobility” dream and blew billions on it, sales in its biggest markets have spiraled down. Not just in the US and China. Here are the ugly charts by market.