New Vehicle Inventory Still Near Record Lows, with Twist: Fuel-Efficient Cars Vanish, Full-Size Pickups Pile Up. Ram, Dodge, Jeep Overstocked by Wolf Richter • Sep 20, 2022 • 114 Comments But Kia, Toyota, Honda: nearly nothing on the lot. Where the shortages are, and where ample supply is, by brand and segment.
Buyers’ Strike Takes Effect: Used-Car Auction Prices Plunge, but Still Sky-High, up Nearly 50% from Three Years Ago by Wolf Richter • Sep 10, 2022 • 147 Comments Totally Crazy Irrational Price Spike of Used Vehicles in Serious Unwind Mode.
What Americans Are Driving: Vehicles in Operation, Used-Vehicle Exports, EVs, and Stuff for Engine Geeks by Wolf Richter • Sep 9, 2022 • 158 Comments No, those used vehicle exports are not all going to Mexico. On the contrary.
EV SPAC Faraday Future Breaks the Buck, 14 Months after Going Public. Consensual Hallucination Was so Bad it Was Funny by Wolf Richter • Sep 6, 2022 • 98 Comments Never a boring day in the SPAC & IPO hype-and-hoopla clown show.
Deep-Subprime & Subprime Auto Loans Miraculously Cleaned up by Credit-Score Inflation by Wolf Richter • Aug 29, 2022 • 119 Comments Credit-score inflation throws a monkey wrench into the calculus of credit risk.
As Used-Car Prices Have Hit Wall amid Signs of Buyers’ Strike, Used EV Prices Spike amid Huge Demand and Little Supply by Wolf Richter • Aug 24, 2022 • 142 Comments Craziness in used cars is far from over. Cheapest used EV models see biggest price gains. Only the Porsche Taycan, most expensive used EV, sees dip.
New Vehicle Inventory Dips, Near Record Low. Fuel-Efficient Cars Vanish. But Supply of Full-size Pickups & SUVs Rises, Discounting Sets in to Move the Iron by Wolf Richter • Aug 13, 2022 • 193 Comments Average prices jump relentlessly from record to record.
Mopping up Mess from SPAC Mania: After Imploding, Shift Technologies (-92%) and CarLotz (-95%) Merge into One Zombie to Burn Remaining Cash Together by Wolf Richter • Aug 12, 2022 • 109 Comments Charts of stocks like these – hundreds of them now – are an indictment of the mania in 2020 & 2021. We’ll be shaking our heads for years.
Nope, Auto-Loan Delinquencies and Repos Are Not “Exploding”: They Rose from Record Lows and Are Still Historically Low by Wolf Richter • Aug 2, 2022 • 68 Comments The balance of loans & leases outstanding rose on much higher vehicle prices but much lower sales volume.
SPAC Zombie Mergers: Nikola, Whose Shares Collapsed 92%, Buys Battery-Pack Maker Romeo whose Shares Collapsed 98% by Wolf Richter • Aug 1, 2022 • 94 Comments Romeo, battery-pack supplier to Nikola, reached the end of its runway. Nikola, which reported $0 revenues from truck sales, is desperately trying to raise cash.
