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Mitsubishi has announced the arrival of a new 'Off-Road' model for the US market next year, and I feel cautiously optimistic about it.

Mitsubishi has announced the arrival of a new 'Off-Road' model for the US market next year, and I feel cautiously optimistic about it.

A 2026 Mitsubishi Outlander off-road variant will be available for purchase in America in 2026. Are your cowboy jeans too snug? Ford’s Belt Truckle will ensure your truck keys are secure.

Are your cowboy jeans too snug? Ford’s Belt Truckle will ensure your truck keys are secure.

Whether you're an authentic cowboy or simply enjoy Western-themed cosplay, Ford's Belt Truckle offers an innovative answer to a specific need. Subaru has hinted at a return of the STI with two new hatchback models.

Subaru has hinted at a return of the STI with two new hatchback models.

Subaru announced that the WRX STI will make a comeback in an electrified form. It will showcase two electrified performance concepts at the Japan Mobility Show. This Pontiac Trans Am Revival Delivers Greater Power Than a Bugatti Veyron | Carscoops

This Pontiac Trans Am Revival Delivers Greater Power Than a Bugatti Veyron | Carscoops

A Florida shop produced only 50 examples of the retro-inspired Camaro and is currently offering two of them for sale. Stellantis Invests $13 Billion to Revitalize Jeep and Dodge in the U.S. | Carscoops

Stellantis Invests $13 Billion to Revitalize Jeep and Dodge in the U.S. | Carscoops

A variety of new products will be released, featuring a mid-size truck and a large SUV. This Subtle Porsche 911 May Be Concealing a 701 HP Secret | Carscoops

This Subtle Porsche 911 May Be Concealing a 701 HP Secret | Carscoops

A discreet new performance vehicle is on the way, combining Porsche’s 700 hp hybrid technology with understated aesthetics and classic Touring appeal. Recent data reveals that average transaction prices have reached an unprecedented level, largely due to robust sales of electric vehicles (EVs) and increased demand for luxury models, leaving more budget-conscious buyers out of the market. Last month, the average transaction price reached a record $50,080, reflecting a 3.6% increase compared to the previous year and crossing the $50,000 mark for the first time. This surge in prices is attributed to strong sales of EVs and luxury cars. Kelly Blue Book (KBB) highlights that "new-vehicle prices have been steadily increasing for over a year, with the acceleration in recent months." The average transaction price increased by 2.1% from August and 3.6% from the same month last year. Additionally, average manufacturer suggested retail prices (MSRPs) also set a new record at $52,183, marking a 4.2% rise compared to the previous year. The surge in numbers may be partly due to a rush on tax credits for EVs, with KBB estimating that 11.6% of last month’s sales were electric vehicles, also a record. The average transaction price for an EV was $58,124. It's anticipated that sales may decline following the removal of the clean vehicle tax credit, although automakers have started offering substantial incentives themselves. KBB pointed out that automakers allocated 7.4% of average transaction prices toward incentives, approximately $3,700. This figure represents the highest percentage seen this year and has slightly increased from 7.2% in August, maintaining parity with the 7.3% rate from September 2024. Tata, the owner of Jaguar Land Rover, reported the highest average transaction price at $102,096 last month, followed by Mercedes at $75,700 and BMW at $69,924. In contrast, Subaru had the lowest average transaction price at $36,092, just ahead of the Renault-Nissan-Mitsubishi Alliance, which recorded $36,547. Erin Keating, executive analyst at Cox Automotive, remarked, “Prices tend to rise over time, and today’s market is a clear indication of that. While many affordable options exist, numerous price-sensitive buyers are opting to either stay inactive or explore the used-vehicle market.” Consequently, the market is being largely supported by wealthier households with access to capital and favorable loan rates, thereby sustaining the higher end of the market. Keating also mentioned that while tariffs are contributing to rising costs, the primary driver of September’s pricing trends was the favorable mix of EVs and luxury vehicles pushing the new-vehicle average transaction price to new heights.

Recent data reveals that average transaction prices have reached an unprecedented level, largely due to robust sales of electric vehicles (EVs) and increased demand for luxury models, leaving more budget-conscious buyers out of the market. Last month, the average transaction price reached a record $50,080, reflecting a 3.6% increase compared to the previous year and crossing the $50,000 mark for the first time. This surge in prices is attributed to strong sales of EVs and luxury cars. Kelly Blue Book (KBB) highlights that "new-vehicle prices have been steadily increasing for over a year, with the acceleration in recent months." The average transaction price increased by 2.1% from August and 3.6% from the same month last year. Additionally, average manufacturer suggested retail prices (MSRPs) also set a new record at $52,183, marking a 4.2% rise compared to the previous year. The surge in numbers may be partly due to a rush on tax credits for EVs, with KBB estimating that 11.6% of last month’s sales were electric vehicles, also a record. The average transaction price for an EV was $58,124. It's anticipated that sales may decline following the removal of the clean vehicle tax credit, although automakers have started offering substantial incentives themselves. KBB pointed out that automakers allocated 7.4% of average transaction prices toward incentives, approximately $3,700. This figure represents the highest percentage seen this year and has slightly increased from 7.2% in August, maintaining parity with the 7.3% rate from September 2024. Tata, the owner of Jaguar Land Rover, reported the highest average transaction price at $102,096 last month, followed by Mercedes at $75,700 and BMW at $69,924. In contrast, Subaru had the lowest average transaction price at $36,092, just ahead of the Renault-Nissan-Mitsubishi Alliance, which recorded $36,547. Erin Keating, executive analyst at Cox Automotive, remarked, “Prices tend to rise over time, and today’s market is a clear indication of that. While many affordable options exist, numerous price-sensitive buyers are opting to either stay inactive or explore the used-vehicle market.” Consequently, the market is being largely supported by wealthier households with access to capital and favorable loan rates, thereby sustaining the higher end of the market. Keating also mentioned that while tariffs are contributing to rising costs, the primary driver of September’s pricing trends was the favorable mix of EVs and luxury vehicles pushing the new-vehicle average transaction price to new heights.

A hands-free tailgate reportedly activated at an inopportune moment, resulting in serious injuries to one woman. New Car Prices Have Exceeded A Figure We Never Expected To Reach | Carscoops

New Car Prices Have Exceeded A Figure We Never Expected To Reach | Carscoops

Recent data indicates that average transaction prices have reached an all-time high, propelled by robust electric vehicle sales and strong demand for luxury items, which has sidelined more price-sensitive buyers.

Nissan's new leader is considering overarching strategies that will aid in "expressing the Nissan brand" while attracting a younger audience. Cybertruck Owner Experienced a $76,500 Depreciation Loss After Only 4,600 Miles | Carscoops

Cybertruck Owner Experienced a $76,500 Depreciation Loss After Only 4,600 Miles | Carscoops

A Foundation Series pickup was sold twice on Cars&Bids, but the selling price the second time was only half of the first. Many Believed Florida Police Misused Tax Funds for a McLaren Cruiser, But They Didn't | Carscoops

Many Believed Florida Police Misused Tax Funds for a McLaren Cruiser, But They Didn't | Carscoops

A police department in Florida caught the spotlight with its new supercar, but it will not be employed for pursuit activities. Alfa Romeo Provides The Tonale With An Essential Redesign | Carscoops

Alfa Romeo Provides The Tonale With An Essential Redesign | Carscoops

The refreshed crossover is set to launch later this year, featuring a bolder design and a revamped interior. Who Informed You That Dieselgate Has Concluded? | Carscoops

Who Informed You That Dieselgate Has Concluded? | Carscoops

Five automakers, including Stellantis, Ford, and Nissan, have been charged in London’s High Court with violating emissions regulations. VW Settles Seat Lawsuit by Paying Lawyers Millions, Leaving Owners with Slight Returns | Carscoops

VW Settles Seat Lawsuit by Paying Lawyers Millions, Leaving Owners with Slight Returns | Carscoops

A class action lawsuit regarding the seat latches of the Atlas SUV concluded with a financial settlement, but without an acknowledgment of wrongdoing.

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