SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tenchusatsu who wrote (1586038)1/30/2026 6:19:42 PM
From: combjelly  Read Replies (1) of 1586232
 
A problem is that cars are really, really expensive in the US. Since around 80% or so of Americans are in the under $100k club...
Key Points

  • The U.S. auto industry is facing affordability concerns as affluent buyers are purchasing new vehicles, while lower-income ones are staying out of the market.
  • The share of new-car buyers with incomes of less than $100,000 has dropped from 50% in 2020 to 37% last year, while the share of buyers with incomes of more than $200,000 has grown from 18% to 29% during that time frame, according to Cox Automotive.
  • Automakers have increasingly been pricing millions of Americans out of the new-vehicle market, including by cutting entry-level vehicle lines such as small cars.


cnbc.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext