Carmageddon in Detroit by Wolf Richter • Jul 26, 2018 • 85 Comments GM, Fiat Chrysler, and Ford all got ugly in unison, in one day, something we haven’t seen since the Financial Crisis.
I’m in Awe of How Carmageddon Continues in Houston at Financial-Crisis Levels by Wolf Richter • Jun 25, 2018 • 28 Comments Where the heck is the hyped “replacement demand” from Hurricane Harvey?
Carmageddon for Cars: “Cars” Are Scheduled to Die by Wolf Richter • Apr 25, 2018 • 145 Comments The end of an era in the US Auto industry — until $7 gas arrives.
More Carmageddon at GM, Cuts Shift in Ohio, 1,500 Layoffs, as Cruze Sales Plunge. Production in Mexico Started in 2015 by Wolf Richter • Apr 13, 2018 • 62 Comments It already cut the third shift in 2017. Now it cut the second shift. Carmageddon but not Truckmageddon.
Subprime Carmageddon: Specialized Lenders Begin to Collapse by Wolf Richter • Apr 8, 2018 • 76 Comments Worst delinquency rates this century.
“Replacement Demand” from Hurricane Harvey Overhyped, Carmageddon Returns to US by Wolf Richter • Dec 13, 2017 • 24 Comments Houston-area auto sales rise, but not nearly enough to pull out US auto sales.
Next Phase of Carmageddon: the Banks by Wolf Richter • Nov 9, 2017 • 71 Comments Banks have started to tighten lending standards for prime and subprime borrowers, and it shows.
Harvey and “Carmageddon”: GM, Toyota, Subaru Kick Butt. FCA, Nissan, Hyundai Get Crushed by Wolf Richter • Sep 3, 2017 • 43 Comments It gets complicated. But there’s a curious tidbit about prices.
What will Harvey do to “Carmageddon?” by Wolf Richter • Aug 29, 2017 • 149 Comments How will it impact nationwide auto sales? My thoughts.