EXPLAINED: 6 - The Real Truth

New Car Monthly Payments Hit A New Record, At $712

It now takes 41.3 weeks of median income to purchase the average new car.

Motor1 · Jun 19, 2022

How shoppers are shifting spending amid decades-high inflation

Consumers are cutting back on durable goods as energy and food costs cut into budgets.

Axios · Jun 15, 2022

Ford reports 4.5% year-over-year sales decline in May amid industrywide drop

Amid a broader industry drop in auto sales for the month of May, Ford Motor Co. on Thursday reported that it sold 154,461 vehicles in the U.S. last month — down 4.5% from May 2021.

Tribune News Service · Jun 2, 2022