A 'bifurcated economy' is keeping some car buyers out of the market

Tech Insider
car dealer
Average new car prices remain above $48,000, and affordability has been slow to improve.

REUTERS/Carlos Barria

Car prices are finally falling. Here's why people still aren't buying.

Tech Insider
Car prices going down

Getty Images; Chelsea Jia Feng/BI

Elon Musk started a price war that Tesla can't win

Tech Insider : Economy
Photo illustration of Elon Musk
Elon Musk has started slashing prices on Tesla's electric cars. That's going to come back to burn him.

Mike Windle/Getty Images; Jenny Chang-Rodriguez/Insider

Elon Musk has started an electric-vehicle price war that Tesla can't finish.

Elon Musk just warned about credit-card debt, commercial real estate, and foreign conflicts. Here's why the Tesla chief is so worried.

Tech Insider : Economy, Economy
Elon Musk
Elon Musk.

Diego Donamaria/Getty Images for SXSW

Here are 3 trends to watch for in the key August inflation report, according to Goldman Sachs

Tech Insider : Economy, Economy
Used cars sit in the sales lot of a used car dealership in California.
On average, the annual percentage interest rate on new vehicles was 6.5% in 2022 and 4.1% in 2021, while for used vehicles it was 10% in 2022 compared to 7.4% in 2021.

Justin Sullivan/Getty Images

Subscribe to car-prices