The US auto market is showing signs of significant strain as carmakers, dealers and consumers face the combined pressures of rising tariffs, soaring prices and deepening economic uncertainty. After a ...
2026 kicked off with a weaker consumer economic outlook following a year of modest auto sales growth. The ripple effects of last year’s tariffs and the sunsetting of the federal electric-vehicle tax ...
New vehicle sales are expected to slow due to high prices and interest rates. Tariffs on imported autos, parts, steel, and aluminum have increased costs for automakers. The average transaction price ...
A larger proportion of new cars are being bought by affluent Americans as prices and interest rates for auto loans climb, analysts said. By Neal E. Boudette The auto industry is facing some big ...
Auto sales are projected to decline to 15.8 million vehicles in 2026 — the first annual drop since 2022 — as high prices deter middle-class buyers. New-car sales have soared 45% among high-income ...
A majority of car dealers cite the U.S. economy as the biggest factor holding back auto sales. Nearly three-quarters of Americans believe buying a new car is unaffordable, with the average price ...
Cars have become so expensive that many Americans are putting off or not buying new cars, hurting the auto industry. By Neal E. Boudette Buying a new car has become unaffordable for a growing number ...