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I'm not seeing that trend in this data: https://fred.stlouisfed.org/series/TOTALSA https://fred.stlouisfed.org/series/TOTALSA ...maybe you are meaning somethi
by floxy 2y ago
I'm not seeing that trend in this data:
https://fred.stlouisfed.org/series/TOTALSA https://fred.stlouisfed.org/series/TOTALSA
...maybe you are meaning something more specific?
- dgfitz 2y agoI think the brave throwaway48476 doesn’t have a source.
- throwaway48476 2y agohttps://fred.stlouisfed.org/series/DAUPSA https://fred.stlouisfed.org/series/DAUPSA This had the slope I remember.
- bobthepanda 2y agoa lot of Detroit's manufacturing these days is in Canada and Mexico.
- hibikir 2y agoHe is right if you look at cars, vs vehicles, but that's due to sales moving to larger vehicles that don't count as cars. But when it comes to self driving or electrification, the difference between car and truck isn't significant. Therefore, vehicles sales being up is what matters.
- tzs 2y agoMaybe the meant sales per capita? The US population at the end of that data was 1.5 times what it was at the beginning, but the sales haven't gone up anywhere near 1.5 times.
- Retric 2y agoHe's probably thinking of this graph of car sales: https://www.statista.com/statistics/199974/us-car-sales-since-1951/ https://www.statista.com/statistics/199974/us-car-sales-sinc... But, buyers are moving from cars to SUV's.
- Wytwwww 2y agoIt does still show that Americans are buying significantly less cars per capita than they did back in e.g. mid to late 80s. So the market is only stagnant because of population growth. Add Tesla and other companies that are making EVs and it doesn't look that great for GM anymore.