📢 New-car inventory and prices stabilize in 2023, says NADA report. Average retail selling price rises 1.6% to $47,014, showing slower growth compared to 2022. #AutoIndustryUpdates 🚗💰
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.