π£ New-car inventory and prices return to normal in 2023, according to the latest NADA report. Average retail selling price rose by 1.6% to $47,014, showing slower growth compared to the previous year. ππ° #AutoIndustry #NADAReport
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.