Average price of new car hits over $50,000 for first time ever

The price was determined by a combination of factors - the most notable of which was the expiration of a $7,500 electric ...
Cars

Here Are the Best Cars for Teens According to IIHS, Consumer Reports

Choosing a car for a teen driver is, if not a catch-22, then at least a related dilemma. Teenagers are involved in more car crashes than any other age group, so it may be a waste of money to buy them ...
CBS News

Here are the safest vehicles for new teen drivers and how much they cost, according to an annual report

Every year, between 1.8 and 2.8 million new drivers hit the road. A report from the Insurance Institute for Highway Safety and Consumer Reports highlights the safest vehicles for newly licensed teens.
Ars Technica

Here’s why there are so few new cars for under $30,000

The affordability crisis affecting the US automobile market shows little signs of abating. The average price of a new car continues to rise: In June the average new vehicle MSRP was $51,124, according ...