New Cars Are Only for the Rich Now as Automakers Rake in Profits
https://www.bloomberg.com/news/features/2023-02-14/new-car-prices-are-so-high-only-rich-americans-can-afford-them
With pandemic-era chip shortages fading, manufacturers are keeping inventories low — and prices high. The shift to EVs will make things worse.
https://www.bloomberg.com/news/features/2023-02-14/new-car-prices-are-so-high-only-rich-americans-can-afford-them
With pandemic-era chip shortages fading, manufacturers are keeping inventories low — and prices high. The shift to EVs will make things worse.