New-Vehicle Avg Price Hits Record High in Sep, Surges Past $50k for First Time
NegativeTechnology
In September, the average price of new vehicles reached a record high, surpassing $50,000 for the first time. This surge in prices reflects ongoing supply chain issues and increased demand, making it harder for consumers to afford new cars. As the automotive market continues to grapple with these challenges, this trend raises concerns about accessibility and affordability for potential buyers.
— Curated by the World Pulse Now AI Editorial System