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New car prices have been falling for most of 2023, with the average new car selling for $47,936 in October, Kelley Blue Book reported. Overall, new car prices are down 1.4% since October 2022 and ...
The average American's ability to afford a new car has never been more challenging and more complicated to address than it is right now. That's because the problem is more nuanced than mere ...
The volatility in the used car market rolled on in 2022, but there might be some relief for car buyers coming this year. ... Used car prices post biggest drop ever as new luxury car sales boom ...
Shortages of computer chips and other parts continued to hobble the U.S. auto industry last year, contributing to vehicle sales dropping 8% from 2021 to their lowest level in more than a decade.
A used inexpensive car is now becoming more and more of a luxury. What the market wants right now is not available, and that’s $3,000, $4,000 and $5,000 cars.
Tesla said on Thursday that it sold about 1.79 million cars in 2024. It's the automaker's first year-over-year decline. Shares fell by about 6% in early trading following the release.
Industrial free cash flow is now expected to come in at a loss of 5 billion euros to 10 billion euros ($5.58 billion-$11.17 billion), a drop from the “positive” it had seen prior.
The year-over-year global sales drop is Tesla’s first since 2011, according to figures from analytics firm Global Data. The company sold 1,306 vehicles in 2010, but that dropped slightly to ...