Report: Too Many EVs, Not Enough Buyers, Dealers Wary
A leading industry analyst says when it comes to electric vehicles, automakers are in their "Field of Dreams" moment, while a new study shows consumer reluctance to buy.
Source: forbes.com
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New cars, once part of the American dream, now out of reach for many
The average price of a new car in the U.S. soared to $48,008 in March, up 30% from March 2020, according to Kelley Blue Book.
Source: stripes.com
New cars, once part of American dream, now out of reach for many – Indianapolis Business Journal
The average price of a new vehicle in the United States has risen 30 percent over the past three years, according to Kelley Blue Book, pricing more Americans out of the new car market.
Source: ibj.com
Toyota Motor North America sales fall, GM reclaims top spot
Toyota's production took a hit amid an ongoing microchip shortage and high raw materials cost
Source: wfaa.com
Auto Sales Likely Fell in 2022 Because of Supply Chain Chaos
Automakers have been hampered by the supply of semiconductors and higher interest rates.
Source: nytimes.com