DAILY ROUNDUP | SEP 14 | $50K Cars, 12% EV Deals, VW 50%, Ford $1B Paint
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The average new vehicle has crossed $50,000 while automakers are cutting models, discounting EVs, and pouring money back into the trucks and SUVs that still pay the bills.
Today’s episode breaks down $50,089 average new-vehicle prices, $67,446 full-size pickup transactions, EV incentives averaging 12%, roughly 20 vehicles and variants getting cut from future lineups, Volkswagen planning to cut its model lineup in half, and Ford spending $1 billion on a new Kentucky paint shop.
Today's Key…
The skinny
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