Asset Class of Vintage Cars Drops into Bear Market, Down by More than in 2008/2009 by Wolf Richter • Sep 22, 2019 • 127 Comments “Expert sentiment is at its lowest point since October 2010, largely due to market observers’ reactions to the Monterey auctions.”
Used-Car Market Profits from Carmageddon. For Many Americans, New Cars Cost Too Much by Wolf Richter • Sep 10, 2019 • 101 Comments August wholesale auction price index hits record after longest series of year-over-year price gains since 2001.
Orders for Heavy Trucks Plunged 80% in August by Wolf Richter • Sep 5, 2019 • 52 Comments Here’s why — and how that’s impacting truck makers.
World Trade Skids for First Time Since Financial Crisis by Wolf Richter • Aug 25, 2019 • 56 Comments Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war.
Subprime Auto Loans Blow Up, Delinquencies at 2009 Level, Biggest 12-Month Surge Since 2010 by Wolf Richter • Aug 13, 2019 • 99 Comments But these are the good times. Automakers are not amused.
Why Have Global Semiconductor Sales Plunged & Gotten Stuck at These Levels for 5 Months Now? by Wolf Richter • Aug 10, 2019 • 79 Comments Today’s scenario is very unlike the plunge during the Financial Crisis, which blew over in no time.
How Can a Company Lose $5.2 Billion on $3.2 Billion in Revenue? Uber Shows How by Wolf Richter • Aug 8, 2019 • 152 Comments And rideshare revenue is stagnating.
World Trade in Face of Tariffmageddon, Trade Wars & Manufacturing Slowdown by Wolf Richter • Jul 25, 2019 • 70 Comments Consumers and companies keep plugging, the world has not come to an end.
I Got it, Nothing Matters. Tesla, Boeing, Other Stocks: It’s Like the Whole Market Has Gone Nuts by Wolf Richter • Jul 24, 2019 • 274 Comments Story stocks, momentum stocks, hyperventilation stocks, consensual hallucination stocks, financial engineering stocks: anything but reality.
Californians Sour on Tesla Model S and Model X by Wolf Richter • Jul 23, 2019 • 101 Comments In their most important US market, the plunge in registrations far outpaced their already stunning global decline. Which opens a whole new question.
