Automotive
U.S. New Car Prices Soar Past $50,000 Mark Amidst EV Rush and Surging Costs
The American automotive market witnessed an unprecedented milestone in September 2025, as the average price of a new vehicle in the U.S. surged to a record-high of $50,080. This marks the first time new car prices have crossed the $50,000 threshold, a significant leap driven primarily by