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

πŸš—πŸ“ˆ New-car inventory and prices show signs of stabilization in 2023, with the average selling price up by 1.6% to $47,014 according to the NADA report. #carindustry #NADA #trends

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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