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Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

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The drop in pricing was driven by significant price cuts from Tesla, which commands roughly two-thirds of the EV market. Sales volumes last month were up year over year by more than 6% but down from December, thanks in part to improved supply and added fleet sales. Tesla’s average transaction prices decreased $5,440, down 8.4%

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KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

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Sales volumes in December were up year-over-year by more than 5% but down from November, due in part to improved supply. Honda and Kia showed the most price strength in the non-luxury market, transacting between 5% and 6% over sticker price in December. Five years prior, in December 2018, luxury market share set a record at 16.5%.

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Consumer Reports: Tesla and other domestic brands take big steps backwards in reliability rankings

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Seven of the top 10 brands in this year’s reliability rankings are from Japan and South Korea, including Subaru, Kia, Infiniti, and Hyundai. While the Chrysler 300 improves to “Average,” the Pacifica minivan falls to “Below-Average.” Volvo drops six spots from last year as it rapidly brings a number of new models to market.

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