Vehicle prices approach all-time high—Here is what’s driving the trend
With an average transaction price nearing $50,000, the auto market is becoming untenable for the everyday buyer.
How the hot EV market left middle-income Americans out in the cold
Among those with more moderate incomes, electric cars are still barely a consideration. In a 2024 Gallup poll, 5% of households with incomes between $40,000 and $99,999 reported owning an electric car ...