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

Green Car Congress

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. High loan rates and continued inflationary pressures appear to be hurting the lower part of the market, so automakers are more focused on luxury and higher-end models. in December.

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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. Luxury brands Audi, BMW, Infiniti, Lexus, Lincoln, and Volvo showed the least price strength, selling 1% or more below MSRP in December. Elevated prices and high loan rates are putting downward pressure on sales.

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Consumer Reports Says EVs Less Reliable Than Traditional Automobiles

The Truth About Cars

Tesla powertrains are now pretty solid for the most part, but Tesla owners report a lot of build quality issues including irregular paint, broken trim, door handles that don’t work, and trunks that don’t close. In the case of America’s preeminent EV company, Tesla landed mid pack — sandwiched between Infiniti and Ram.

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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.” Three European brands, Audi, BMW, and Mini, round out the top 10.

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