And I mean, not just by a little. The F150 XLT & Camry LE are at it again. My annual brain-twisting stunner.
Just the Numbers.
For the Ultimate No-Growth Industry: price increases and pushing consumers into more expensive trucks and SUVs.
Retail prices of used cars & trucks spiked most since 1969 despite lower sales and plenty of supply. Wholesale prices, after biggest spike ever, are already falling.
This stimulus economy is producing the weirdest effects.
A light goes on after more than a decade of falling electricity demand. No business wants to operate in a declining industry.
#TheZooHasGoneNuts: One press release about an EV, but no money, no tech, no prototype, no facilities, no plans, no nothing. Getting pretty thick, even for our crazy times. SEC, are you awake?
This whole Nikola phenomenon was only possible in a market gone willfully blind and nuts.
Affordable Classics rise the most, American Muscle Cars fall the most. Ferraris flat, after big drops earlier. Beautiful machines all of them.
Illustrated with 13 whiplash-inducing charts.