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consumer market

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Average New Car Price Approaches $50,000 Amid Shift to Pickups and SUVsfortune.com
finance47 days ago

Average New Car Price Approaches $50,000 Amid Shift to Pickups and SUVs

The average price of new vehicles in the US has reached nearly $50,000, according to data from car review site CarGurus. The proportion of new cars listed below $30,000 stands at 13%, a decline from 40% five years ago. Automakers have increased production of larger vehicles like…

fortune.com
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