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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 ...
As new car supply and sales plummeted, demand for used models increased prices and sales exponentially, leading to some used vehicles costing more than new ones. In fact, in 2022, the average ...
Kelley Blue Book reports new car prices rose 5.9% versus a year ago, which has moderated somewhat, but the market share for luxury vehicles hit a new record in January (19.6% of the overall market).
Since the 2021 facelift, some markets such as Indonesia [33] and Thailand [34] switched to a CVT replacing the 4-speed automatic. Many markets such as the Philippines, Vietnam, Malaysia, and Mexico retains the older 4-speed automatic gearbox. [35] [36] [37] In February 2024, the Xpander HEV was introduced in Thailand.
A study published by the Bureau of Labor Statistics, the agency that tracks consumer prices, found that dealer markups accounted for 35% to 62% of new vehicle inflation from 2019 to 2022. Paul Ryan, the CEO of a shopping app that monitors prices across about 40,000 dealerships, remarked, "it was the best of times for car dealers, for sure."
The 2025 Volvo EX90 electric vehicle has seven interior radar sensors to detect 'micro mivoements' by children or pets left in the vehicle. Some of the systems even beep the horn and roll down ...
It was a monthly magazine between March 1972 and January 2020, and since 1998, a website with reviews and price lists for new and used cars in the United Kingdom. Initial searches are free, with payment required to access further details. [1] It was founded in 1972 and was the longest-running printed price guide available to the general public.
The average price has dropped about 2% from a record high of $45,578 set in December 2022. Electric vehicle prices are down about 19% from June 2022, KBB reported. Manufacturer incentives averaged ...