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New cars

Why some car parts are still hard to find

by Henry Epp
Sep 18, 2023
Dealers are still playing catch-up after the chip shortage and suppliers are building parts for new cars rather than those on the road.
Dealerships are hesitant to sell high-demand parts to repair shops. Instead, they're prioritizing putting those parts into new cars.
Jon Cherry/Getty Images
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Car prices are still stubbornly high

by Kristin Schwab
Aug 21, 2023
$20,000 used to be the starting point for a new car. Now there’s only one remaining model on the market that sells for around that figure … the Mitsubishi Mirage.
More consumers and carmakers are focused on bigger, more expensive cars. And with the pandemic chip shortage, the average price of a vehicle has ballooned to $50,000.
Mario Tama/Getty Images
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Buying a new or used car is easier now, but getting a loan is becoming harder

by Justin Ho
Apr 24, 2023
Lenders are worried about increasing defaults.
People look to buy a car at a dealership in New Jersey.
Spencer Platt/Getty Images
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Finding new cars on the lot is getting easier

by Matt Levin
Oct 25, 2022
New vehicle inventory is up an estimated 62% from last year as some supply roadblocks clear. But higher prices may stick.
General Motors told investors that it made $3.3 billion in profit last quarter, thanks in part to easing supply chains.
Mario Tama/Getty Images
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Shopping for a new car is hard — and may stay that way

by Savannah Maher
Dec 14, 2021
The global chip shortage. Supply chain headaches. Empty dealer lots and sky-high prices. New car shopping isn't for the faint of heart.
An aerial view of a Ford dealership in Richmond, California, shows a nearly empty sales lot.
Justin Sullivan via Getty Images
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