The average new car price has skyrocketed to $50,000. Tariffs, the end of the federal EV tax credit and luxury car sales are deemed to be responsible.
New car buyers can expect to shell out an average of more than $50,000 for the first time, according to a report from Kelley Blue Book.Related video above: Federal tax credit for electric vehicles ...
Ohio ranks cheapest state for car ownership, Arizona is most expensive, per National Business Capital analysis of used car ...
Cox Automotive predicts an 8% November U.S. new-vehicle sales drop as higher prices and weakening EV demand slow the market.
With thousands of electric models leases ending soon, oversupply may force dealers into steep discounts and a full-blown EV ...
Despite billions in tariff costs for imported autos and parts, new car prices have stayed relatively flat. But the news isn’t as good for car owners taking their vehicles to the repair shop. The price ...
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