Hangover Time for Used-Vehicle Dealers. For Buyers, Patience Will Pay Off by Wolf Richter • Jan 16, 2023 • 168 Comments Cutting prices on dropping unit sales causes revenues to plunge.
Wild Ride of US Auto Sales in 2022 below 1977. Charts for GM, Toyota, Ford, Stellantis, Hyundai-Kia, Honda, and Nissan oh Dear by Wolf Richter • Jan 8, 2023 • 201 Comments Who got chips and who didn’t: Hyundai-Kia sales near all-time high in 2022, Honda’s sales collapsed.
Tesla Joins my Imploded Stocks, -70% from Peak: Object of Religious Veneration Turns into Automaker by Wolf Richter • Dec 24, 2022 • 267 Comments Beyond the consensual hallucination, the real world for automakers is not fun.
Ford Jacks Up Price of F-150 Lightning for 3rd Time since EV Incentives: What You Get for Subsidizing Products Already in Hot Demand & Short Supply by Wolf Richter • Dec 16, 2022 • 135 Comments Since the $7,500 EV incentives in the Inflation Reduction Act last August, Ford hiked the Lightning price by $16,000.
Rising But Still Low New-Vehicle Inventory Tripped Up by Shift in Demand from Trucks (Now Lots of Supply) to Fuel-Efficient Cars (Very Little Supply) by Wolf Richter • Dec 14, 2022 • 59 Comments US brands gave up on cars. Now their trucks are piling up. Asian brands dominate cars and have shortest supply. And prices are too damn high.
Car & Truck Trends: Faster, More Powerful, Bigger, Heavier, and More Fuel-Efficient by Wolf Richter • Dec 12, 2022 • 112 Comments Americans like big, fast, powerful equipment more than ever. Four decades of horsepower, MPG, 0-60 acceleration, size, and weight. The new data is out.
$1,768 a Month, with $10,407 Down, 5% APR, on a Ford Pickup? Update on Q3 New-Vehicle Finance by Wolf Richter • Dec 5, 2022 • 238 Comments Automakers need to do some serious navel-gazing about price levels and going upscale, if they want to sell more vehicles.
Era of Stimulus-Distorted Consumer Credit Ends: Auto Loans, Delinquencies, Prime & Subprime by Wolf Richter • Nov 17, 2022 • 93 Comments Auto-loan balances surge on sky-high prices, despite sales plunge. Delinquencies rise to pre-pandemic lows, subprime delinquencies return to 2016-2019 levels.
Used-Vehicle Wholesale Prices Plunged, but Not Retail Prices; They’re Still in the Ridiculous Zone by Wolf Richter • Nov 7, 2022 • 109 Comments Buyers’ strike is in effect. Used vehicle retail sales drop, dealers sing the blues but don’t want to cut prices from their ridiculous levels.
Advertise on a Competitor’s Social Media Platform? Um, that Would Be a Hoot… GM “Paused” Ads on Musk’s Twitter by Wolf Richter • Oct 28, 2022 • 120 Comments Automakers are huge advertisers. Social media platforms are huge data collectors. And now Tesla’s Musk owns this data.