💼 Business 7h ago · Alexa St. John, The Associated Press

Average price of new cars nears $50,000 as automakers focus on big pickups and SUVs while cheaper sedans get phased out

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Average price of new cars nears $50,000 as automakers focus on big pickups and SUVs while cheaper sedans get phased out
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After a few years of sharing a 2019 Chevrolet Trax, Dana Eble and Tyler Marcus are finally looking for a second car. But as they jump into the market, the young married couple isn’t sure what they can afford.



“I just keep seeing a lot of different aspects of life getting more expensive, and it’s harder,” said Eble, an account manager for a public relations agency.



Car ownership has long been integral to the American dream. But as automakers slash the production of inexpensive models

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