DAILY ROUNDUP | AUG 13 | $49,855 Cars, $211B Loans, Honda 15 Hybrids, AI Gap
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The average new car is now brushing up against $50,000 while buyers stretch loans, chase smaller vehicles, and bring AI into the showroom before the dealer is ready.
Today’s episode breaks down $49,855 average new-vehicle prices, record $211 billion in U.S. auto loans, Honda reportedly outsourcing a flexible gas-hybrid-EV platform to Tata Technologies, Rivian recalling nearly 4,000 vehicles over turn-signal parts, and the growing AI mismatch between shoppers and dealerships.
Today's Key…
The skinny
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