Two decades of historic data from auto website Edmunds.com indicates that options are the biggest driver in rising vehicle prices — and that it’s been happening over many years. “Overall, the average price gap between base models and vehicles as optioned up by customers has soared, rising from 24.6% in 2002 to 38.1% in 2022.
Overall, the average price gap between base models and vehicles as optioned up by customers rose from 24.6% in 2002 to 38.1% in 2022. has been growing steadily among trucks and SUVs for the last 20 years. Surprisingly, the gap has been growing fastest in GMC’s heavy-duty trucks, usually thought of as serious work vehicles. The average price of a GMC Sierra 2500 HD, as sold, is now double the base price.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Man.... don't believe this shit. I work in the automotive manufacturing business. My employer went from 600 cars a day to 400. They're producing slightly less these days. They know what they're doing. Manufactured scarcity.
Okay
I don't have to pay for new cars anymore not after I learned about defi and the bots that pump it. DefiBotPumpKiller is an app me and my family developed that uses simple complex strategies to eliminate Bot waste and the accounts that pump it, not he bots who peddle it.
Well, you should visit Nigeria and see if it drops here or not
Don't forget one of the big reasons cars are getting more expensive: fuel efficiency standards (also making cars less reliable & more expensive to repair).
That is not a car, that is a pickup truck.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coca-Cola partners with Rosalía on new drink | CNN BusinessCoca-Cola is releasing a new limited-edition flavor, Coca-Cola Move, in collaboration with Grammy-award winning singer Rosalía. As with its other high-concept flavors, Coca-Cola isn't sharing what Move is actually supposed to taste like. This face🤪🤡 Hahahahahaaaa good bye Koke, yes Koke. 😮
Source: CNN - 🏆 4. / 95 Read more »
BTS agency HYBE buys stake in its K-pop rival | CNN BusinessHYBE, the management agency behind superstar boy band BTS, will become the biggest shareholder of its K-pop rival, SM Entertainment. Ukraine is getting bombed right now… Jung kook and v always the fav one in BTS 💜💜 This is none of my business
Source: cnni - 🏆 326. / 59 Read more »
SpaceX's interplanetary rocket fires up engines in unprecedented test | CNN BusinessSpaceX attempted to ignite all 33 engines in a test fire of its gargantuan Super Heavy rocket booster. The trial marks the company's first static fire test for what is expected to be the most powerful launch vehicle ever built. It's extraordinary 👍. I think he should be restricted from NASA launch pads until he quits messing with Starlink in Ukraine. Then there's Jeff Bezos spaceship 'Fallus 1'.
Source: cnni - 🏆 326. / 59 Read more »
A subsidy arms race is kicking off between Europe and America | CNN BusinessWhen US President Joe Biden signed the Inflation Reduction Act into law, he enacted the biggest climate investment in American history — a landmark moment for a nation that pumps more carbon into the atmosphere than any country bar China. Seeing the govt is pushing everyone to electric there should be a cap on the max price allowed for an electric vehicle. Cap electrical rates and come up with a viable solution to replace fuel tax income.
Source: CNN - 🏆 4. / 95 Read more »
The way we search for information online is about to change | CNN BusinessAn entire generation of internet users has approached search engines the same way for decades: enter a few words into a search box and wait for a page of relevant results to emerge. But that could change soon. alabamanewsnetwork
Source: ALNewsNetwork - 🏆 583. / 51 Read more »
Rupert Murdoch's News Corp is cutting 1,250 jobs | CNN BusinessNews Corp said Thursday that it would cut 5% of its workforce, or 1,250 jobs, after the media conglomerate fell short of quarterly Wall Street estimates for profit and revenue, hurt by declines across its businesses, including news. Every big corporation is cutting jobs. It's Obama 2.0 economy. Maybe they should cut some executive bonuses. Aren't these companies failing because of poor leadership? They will have ChatGPT do the writing!
Source: cnni - 🏆 326. / 59 Read more »