New Record: Average New Car Prices Surpasses $50,000
The average American new car buyer paid $50,080 in September — a new record, and the first time the figure has ever topped the $50,000 mark.
The average American new car buyer paid $50,080 in September — a new record, and the first time the figure has ever topped the $50,000 mark.
Electric vehicles made up a record 10.5% of the cars Americans bought last quarter, but the number was inflated.
BMW recalled 145,102 vehicles because their starter motors can overheat, creating a fire risk under the hood.
GM will offer a $7,500 discount on some electric vehicles (EVs) through the end of this month, not the end of the year.
Mazda has cut the starting price of its CX-70 Plug-In Hybrid (PHEV) by more than $10,000 for the 2026 model year.
Tesla yesterday launched new Standard trim levels of its Model 3 and Model Y, giving car shoppers a cheaper way to own a new Tesla.
The Lexus LX full-size SUV gets a modest price bump and a few technological updates for the 2026 model year.
Over the weekend, Tesla teased a new car. We think it’s likely a less expensive version of the existing Model Y.
A new report says Rivian will redesign some interior door handles after a controversy at rival EV-builder Tesla.
Audi and Volkswagen have recalled 1,042 vehicles because their front seat belts might not protect occupants in an accident.