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US Savings Rate Crashes To 10 Year Lows As Spending Surges Most Since ‘Cash For Clunkers’

While incomes grew at an expected 0.4% MoM, US consumers spent at an exuberant 1.0% MoM clip – the biggest monthly rise since Aug 2009 (cash for clunkers). To cover this spending surge, the savings rate tumbled.   The last time – Aug 09 – that spending surged like this was when the government unleashed […]


Are German Car Manufacturers Bracing For Another Collapse?

Last week, Volkswagen, the German car brand, announced it would be paying up to 10,000 EUR per (old) car (of any brand) owners would trade in for a brand-new Volkswagen in Germany. Just a few days later, Opel (previously owned by General Motors but currently owned by PSA, the French brand which also produces the […]


Hertz – The Final Nail In The Coffin

Authored by Daniel Ruiz via Blinders Off blog, As a disciplinarian in the automotive sector, my focal point is concentrated on the study of used vehicle values and how they affect the automotive industry as a whole. Measure the Cause to Predict the Effect There are several subcategories that help predict the trajectory of used […]