2026: the Year of Rising Car Prices as Inflation Hits Consumers
Price Increases Loom for New Vehicles As we enter 2026, car buyers brace for a reality check at dealerships. The automotive industry is set to increase prices by 2-4% on average across new vehicles, driven by persistent inflation and rising material costs. Notably, popular SUVs and trucks could see price hikes between 3-5%, according to […]