These are the key trends shaping the new car market as average purchase price drops
The average price paid for a new passenger vehicle dropped by 2. 27% in 2024, showing a clear buy-down trend as consumers ...
Trump’s tariffs could raise car prices at dealerships — very quickly
The Trump administration is threatening a 25% tariff on all imports from Canada and Mexico as soon as Saturday — a move that would almost immediately impact car dealerships and factories in the United ...