New-car inventory and price changes approach normal in 2023, NADA report shows

New-car inventory and prices on the rise πŸš—πŸ’Έ 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.

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