New car prices hit a record high, and President Trump blames fuel efficiency standards. NPR's Ayesha Rascoe speaks with Bloomberg Detroit bureau chief David Welch about what's behind the high prices.

A Republican U.S. senator made statements in the White House on Dec. 3 that impacts car purchases and production. We've fact-checked them.

Used car prices ticked down slightly last month in spite of uncertainty around tariffs, but buying a new old whip still costs more than it used to. In April, the average cost for a used vehicle shot ...

As buying used becomes the "New Normal," used car prices are receiving more scrutiny than ever before. Although the year began with declines in the average used car price, the trend quickly shifted.

The average price of 3-year-old used cars has increased 40.9% since the pandemic, from $23,159 in 2019 to $32,635 in 2025 Used cars priced under $20,000 made up 49.3% of the 3-year-old market in 2019, ...

COVID-19 changed the used car market as supply chain constraints and rising demand pushed prices higher. In 2025, those ripple effects are still being felt. Since the pandemic, used car prices have ...

Kelley Blue Book reports that the average sale price of a new vehicle has hit a record high over $50,000 Rising new car prices have consumers looking at the used market more closely The average ...

Many used car shoppers are facing sticker shock right now. As a result, you might want to consider looking at new vehicles as well, as fresh data reveals used car prices have reached their highest ...