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Economy

Bernardo de La Paz

(59,334 posts)

1. tRump thinks he's a groyper frog in a nice sauna. He doesn't realize he is turning up the heat to boil

Reply to Eugene (Original post)

Fri Sep 26, 2025, 06:24 AM

Sep 26

Tariff tax effects haven't bitten fully. There is some inventory in warehouses, and some adjustments have been made. Well off consumers are still buying, but less well off are shifting purchases down scale, trying to make do.

CarMax posted disappointing earnings on lower sales of used cars.

Operational metrics further highlighted the struggles: retail used vehicle unit sales decreased by 5.4% to 199,729 units, with comparable store sales declining by 6.3%. Total revenue from used vehicle sales fell 7.2% to $5.27 billion. Wholesale vehicle unit sales also experienced a 2.2% decline. While the retail gross profit per used unit remained relatively stable at $2,216, the overall total gross profit decreased by 6% to $718 million.

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Highlight:

Trump slaps fresh US tariffs on heavy trucks, drugs and kitchen cabinets [View all] Eugene Sep 25 OP

tRump thinks he's a groyper frog in a nice sauna. He doesn't realize he is turning up the heat to boil Bernardo de La Paz Sep 26 #1

Bonfire of the Vanities bucolic_frolic Sep 27 #2