Price increases are expected to taper off, while buyers benefit from lower borrowing costs and a new tax benefit, Oxford Economics said.

New car prices have been falling for most of 2023, with the average new car selling for $47,936 in October, Kelley Blue Book reported. Overall, new car prices are down 1.4% since October 2022 and 3.5% ...

The latest figures from the US Bureau of Labor Statistics indicate that the used car market may finally be cooling off. As per numbers from the Bureau’s monthly Consumer Price Index Summary, the index ...

Americans paid an average price of $48,334 for a new vehicle in July; down 2.7% since January. According to Clark Howard ‘s money saving website, Kelley Blue Book indicates new car prices are dropping ...

The last two years have challenged used-car shoppers on a number of levels. As the microchip shortage wreaked havoc on new-car inventory, shoppers turned to used cars as an alternative, which led to ...

The automotive market has had a rollercoaster year with the pandemic, and its related chip shortages have led to skyrocketing prices in some areas as well as massive production difficulties for ...

OKOBOJI, Iowa (KTIV) - The Rotary Car Drop Contest is underway in the Iowa Great Lakes. KUOO Radio says the Iowa Great Lakes Rotary Club holds this event yearly, where a car is placed on the ice in ...