U.S. car market rebounds with stable prices and plenty of choices, report finds

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The U.S. car market has nearly recovered from the pandemic's impact. There is now an ample supply of new and used vehicles, which has flattened price hike

The U.S. car market has nearly recovered from the pandemic’s impact. There is now an ample supply of new and used vehicles, which has flattened price hikes and increased the availability of incentives.

Asian automakers continued to make the most reliable vehicles, with an average overall reliability score of 63 out of 100. They had seven of the 10 most reliable brands. Once again, Lexus came in first for reliability, scoring 79 out of 100 points. But five of the top 10 spots went to non-luxury brands: Toyota , Honda , Subaru , Mazda , and Kia .

“A lot of the lower-ranked brands are definitely coming from Detroit, and also coming from brands that extract a lot of money from their customers,” Quincy noted.

 

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