Turmoil in the Heavy-Truck Market as Seen by a Truck Dealer by Wolf Richter • Dec 23, 2019 • 72 Comments “This, I think, was the Big One, where the fleet valuations fell out and took this company out.”
My “Pickup Truck Price Index” Crushes “CPI for New Vehicles” by Wolf Richter • Dec 15, 2019 • 203 Comments A total mind-blower. Actual prices skyrocket even as CPI for new vehicles has been flat for 22 years.
Trucking “Thrives on Stability, But We’re Now on a Rocky Road” by Wolf Richter • Dec 4, 2019 • 53 Comments Orders for heavy trucks re-plunged, after false bounce off the bottom.
The Holy-Cow Moment for Subprime Auto Loans; Serious Delinquencies Blow Out by Wolf Richter • Nov 13, 2019 • 176 Comments But it’s Even Worse Than it Looks. And this time, there is no jobs crisis. This time, it’s the result of greed by subprime lenders.
What’s Going on in the Used Cars & Trucks v. Carmageddon? by Wolf Richter • Nov 7, 2019 • 59 Comments Sales are declining again, after having risen for years. Wholesale prices slip year-over-year for first time in 33 months. But “cars” still dominate “trucks.”
Tesla Discloses US Revenues Collapsed 39%. Americans Sour on its Cars, Pent-Up Demand Exhausted by Wolf Richter • Oct 29, 2019 • 192 Comments This is a holy-cow moment.
Subprime Auto Loans Blow Up, 60-Day Delinquencies Shoot Past Financial Crisis Peak by Wolf Richter • Oct 25, 2019 • 123 Comments Santander Consumer USA is on the forefront of souring subprime-auto-loan backed securities.
Carmageddon for General Motors in China: Q3 Sales Collapse 30% from 2 Years Ago by Wolf Richter • Oct 10, 2019 • 58 Comments Just how important is China to GM, its Largest Market & Once Biggest Hope for Growth?
Sticker Shock & Hedonic Quality Adjustments: How Much Have New-Car Prices Really Risen over Three Decades? by Wolf Richter • Oct 7, 2019 • 190 Comments Wages rose with inflation, but not nearly enough to pay for “quality improvements,” which is why working people feel increasingly impoverished.
GM, Ford, BMW, VW, Honda Shift More Production to Mexico. Auto Imports Surge Despite Decline in US Sales by Nick Corbishley • Oct 5, 2019 • 86 Comments But Mexican exports to other countries plunge, tripped up by global auto slowdown.
