New car prices hit a record high, and President Trump blames fuel efficiency standards. NPR's Ayesha Rascoe speaks with Bloomberg Detroit bureau chief David Welch about what's behind the high prices.

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The eventual certainty of President Donald Trump's auto-industry focused tariffs remains unclear at best, but that hasn't stopped the industry from acting as if higher prices are on the way. Many car ...

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Michael Scopel started his business, The Retro Station, by going door-to-door offering auto detailing work. From these humble origins, Scopel has managed to grow the business to offer other services, ...

The average sales price of a three-year-old used car in America surpassed $30K for the first time since 2023. The average age of used cars returning to dealerships has gone up, attributable to the low ...

Car prices are trending up and the average cost of a new car is at an all-time high, approaching the $50,000 mark for the first time. The average transaction price for a new vehicle in October was $49 ...

Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.

Get ready to pay more for your next car. Auto prices in the United States will start to rise very soon – perhaps within the next few weeks. That’s because President Donald Trump once again announced ...

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A 25% tariff on imported cars and light-duty trucks will likely increase both new and used car prices. The used car market is already experiencing tight supply due to fewer leases and lower new car ...