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.
The Daily Overview on MSNOpinion
New car prices hit $49,766 as 25% tariffs bite
New car buyers are confronting a market where prices are brushing against the $50,000 mark, and a new layer of tariffs is ...
The auto industry is expected to face continued economic uncertainty and declining consumer confidence in 2026. Analysts predict new and used vehicle prices will remain high, making affordability a ...
Colchester, CT — The average price of a new car is over $50,000 for the first time ever, placing added pressure on car shoppers to ensure they’re making a smart choice on a model that will hold up ...
New-vehicle prices are holding steady around $50,000 according the latest Kelley Blue Book November sales data. KBB says this reinforces a trend that has defined much of 2025 - an auto market driven ...
New vehicle sales are expected to slow due to high prices and interest rates. Tariffs on imported autos, parts, steel, and aluminum have increased costs for automakers. The average transaction price ...
Auto industry analysts predict a slowdown in new vehicle sales as consumers face high prices. Tariffs on imported autos and parts, along with expiring EV tax credits, have contributed to the market ...
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