Used-Vehicle Wholesale Prices Give Up 55% of Pandemic Spike: Historic Plunge after Crazy Spike by Wolf Richter • Feb 7, 2024 • 72 Comments But the plunge in retail prices of used cars and trucks hasn’t progressed nearly as much.
Auto Loan Balances, Subprime, Delinquencies, and Income: Who Are those Drunken Sailors? by Wolf Richter • Feb 6, 2024 • 98 Comments Subprime doesn’t mean “low income.” It means “bad credit” – and some is high income. And subprime loans are coming home to roost.
Tesla Closes in on Toyota in California: The Battle for #1. Total EV Sales +46% in 2023, EV Share Hits 21% by Wolf Richter • Jan 30, 2024 • 151 Comments Tesla +24.6%, Toyota +2%. Model Y +52%, #1 bestseller by far; Model 3 is #2 bestseller. Toyota loses it, Camry sales -16%, RAV4 +1%.
Another Online Used-Car Dealer Bites the Dust: Vroom, 3.5 Years after Red-Hot IPO, Shuts Down as Ally Suspends Credit Line by Wolf Richter • Jan 23, 2024 • 66 Comments The SPACs Shift Technologies and Carlotz are already dead. Carvana is still out there, after its distressed debt exchange.
Used-Car Wholesale Prices Have Given Up 53% of their Crazy Pandemic Price Spike: Historic Plunge Continued in December by Wolf Richter • Jan 8, 2024 • 136 Comments Used-Car Retail Prices have given up only 36% of their price spike so far.
Ugly Charts of Auto Sales: GM, Toyota, Ford. Stellantis, oh my, Got Crushed by Hyundai-Kia’s Record Sales. Tesla Has Arrived by Wolf Richter • Jan 4, 2024 • 131 Comments Automakers screwed up the market for decades with price increases and going upscale. Now they pay the price with dismal volume.
Tesla’s Deliveries in 2023 Jump 38% YoY, Rivian’s 146%, while Ford & GM Are Tangled Up in Anti-EV Revolts by their Dealers by Wolf Richter • Jan 2, 2024 • 114 Comments Tesla has always been willfully lousy in reporting delivery details. Today it made the obfuscation worse.
The Shocking Price Increases of the Pickup Truck Oligopoly (Tesla Getting Ready to Mess Up Their Party?) by Wolf Richter • Dec 15, 2023 • 288 Comments The “WOLF STREET F-150 XLT & Camry LE Price Index” for the 2024 Model Year is here. Ford’s price increases are grotesque, for third year in a row.
It’s Like Ford, GM, FCA Got Run Over by a Tesla on Autopilot by Wolf Richter • Dec 12, 2023 • 286 Comments The infinite wisdom of the US legacy automakers never ceases to astound.
Tesla Model Y is #2 US Bestseller in 2023 through Q3, Behind Perennial #1 Ford F-150, and Ahead of Toyota RAV4 by Wolf Richter • Dec 7, 2023 • 103 Comments Sales of EVs soar 56.7% in 2023 through Q3. Sales of vehicles with gasoline engines languish at +1.4%. The new registrations are out.