New Vehicle Affordability Held Steady in December
The average American earner would need to work 36.22 weeks to afford the average new car in December – essentially unchanged from the prior month.
The average American earner would need to work 36.22 weeks to afford the average new car in December – essentially unchanged from the prior month.
Mercedes-Benz has recalled 169 EQB SUVs from model years 2022 and 2023 because a battery problem could lead to a vehicle fire.
Ford has recalled 35 Bronco SUVs because a repair under an earlier recall may have left them with rearview cameras that don’t turn off.
See Kelley Blue Book’s Best Electric Vehicle Under $35,000 for 2026, the Nissan Leaf.
BMW has recalled 851 vehicles because their airbag inflators could rupture, sending hot metal shrapnel flying toward occupants.
Automakers enter the year with a 76-day supply of new cars on average — about the inventory level they traditionally target.
Hyundai has recalled 51,587 Tucson SUVs from model years 2022-2024 equipped with optional trailer hitches.
The average used car in America was listed for $26,043 in December — 2% higher than November’s figure, and nearly 3% higher than a year ago.
Ram has recalled 52,565 heavy-duty trucks because a software problem can deactivate their stability control systems, airbags, and seat belt pretensioners.
Dodge has canceled production of its Hornet small SUV, citing “shifts in the policy environment.”