-
Recent Posts
- Lexus Recall for Instrument Panel Display Failures
- Audi to Build First American Plant in Georgia
- GM Q3 2026 Net $3.3B. More Share Buybacks Coming
- Toyota Installs Two Hydrogen Fueling Stations in Ontario CA
- WEC Barcelona – Toyota Racing Takes Manufacturers’ Title
- Park Outside! Genesis Recall for Power-Seat Motor Fires
- New UAW International Executive Board Sworn In
- First Look – Porsche Mission S Sports Car Concept Debut
- HondaJet APMG S Upgrade Approved by EASA
- Acura to Debut New SUVs Targeting Detroit Models
- Trumpoline – EV Sales Increase in Q3 2026!
- Annals of Marketing – Subaru on Travel and Pets
- MBUSA Recalls 30,000 Vehicles for Brake Hose Failures
- Ram 1500 Recall for Bad Tire Pressure Monitoring
- Cause of Ongoing Volkswagen ID.4 Battery Fires Unknown
Recent Comments
- Governor Gretchen Whitmer on Trump Mis-Administration – Record High Gas Prices Persist
- NHTSA on Steering Loss – Ford Recalls F-Series Trucks
- AAA on AAA – August 20 Gasoline Prices Highest Ever!
- Nissan Motor on Nissan Posts ¥77.9B Profit in Q1 of Japanese Fiscal Year
- Jeff Badman on Ford Motor Recalls 850,000 Vehicles for Sudden Stalling
Archives
Meta
Get intelligent commentary on the automobile business and its economic and social effects. Stay informed with AutoInformed.
Vehicle Affordability Still Worrying Despite Wage Increases
“While wage growth is good news for consumers impacted by inflation and high gas prices, vehicle affordability continues to be a strong concern,” said AEG senior consultant Cristina Benton, Ph.D. “Consumers are increasingly gravitating toward more affordable vehicle models, pressured by average new vehicle transaction prices holding at or near $50,000 since late 2022. This trend is exacerbated by household budgets that remain squeezed by rising costs for housing, health care, insurance, groceries, and gas.” Continue reading →