Total Car Market Collapse

[Sapiens]

Total Car Market Collapse

[don]

Re: Total Car Market Collapse

On-Time Inventory

[ThePythonicCow]

Re: Total Car Market Collapse

No - ahead of time inventory .

The question is how far is ahead.

[GRG55]

Re: Total Car Market Collapse

No - ahead of time inventory .

The question is how far is ahead.

Car ad from 2011:

For sale:
Almost new 2008 Mercedes SL 550;
Low miles, local trips only;
Only used on Sundays by Long Beach longshoremen to drive to church [fast];
Perfect condition, except for the oxidized paint [damn that salt air];
We'd offer a bigger discount, but we couldn't get a bailout from Bernanke [or Congress].

[LargoWinch]

Re: Total Car Market Collapse

Similar theme: Small Car meltdown.

Runtime: 2min.39sec.

[billstew]

Re: Total Car Market Collapse

How much debt per person in the US is "car loan related"?

I am not counting company / corporate debt as most of the time car acquisitions are done via a buy or lease transaction -- unless it is a small business (and small business can be counted with personal here).

This spreadsheet says 700,000 USD debt per person in USA ... but it does not account for car loans specifically.

-- http://www.itulip.com/forums/showpos...80&postcount=9

[D-Mack]

Re: Total Car Market Collapse

This is from Dec 08, I wonder how the situation is right now.

Are there fewer cars in Long Beach, because manufacturers stopped shipping or are there even more cars waiting there?

[LargoWinch]

Re: Total Car Market Collapse

Sapiens, here is picture depicting the extent of the issue outlined in the clip you posted:

[cjppjc]

Re: Total Car Market Collapse

Have you noticed you never get stuck behind a rig taking new cars to a dealer anymore? I wonder if the manufactures will just say f... it, just get them sold. Huge markdowns for sales. Get the cash into the coffers. It would be considered disinflationary.

[pksubs]

Re: Total Car Market Collapse

http://www.bloomberg.com/apps/news?p...a0U&refer=asia


Car market expands in India. Wonder how long it'll last..