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new car sales Cox Automotive, 2023, interest rates

November’s average new car prices reach a record high

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When COVID struck, it disrupted the world's supply chain, resulting in a chip shortage and an all-time high in car prices. People started paying...
September

New vehicle average price soars to more than $45,000 in September

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Auto industry professionals continue to wonder, just how high will new prices rise before hitting a ceiling? The answer to that question did not...