New-car inventory and prices on the rise 🚗💸 as per NADA report, showing a 1.6% increase to $47,014 in 2023 – slower growth compared to the previous year. #NADAreport #automotiveindustry
The average retail selling price increased 1.6 percent to $47,014 in 2023, marking slower growth than the 9.2 percent increase in 2022.
https://www.autonews.com/retail/new-car-inventory-and-price-changes-approach-normal-2023