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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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The average new EV sold for $61,448, according to Kelley Blue Book estimates, still well above the industry average. Earlier in the year, Tesla was increasing prices, citing supply issues. Sales volumes in December were up year-over-year by more than 5% but down from November, due in part to improved supply. in November.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

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—Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. According to Cox Automotive estimates, new-vehicle inventory is steadily improving, though some brands have a noticeably larger supply than others. The high share of luxury sales helps to push the overall industry ATP higher.

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Mitsubishi Uses SABIC Noryl GTX Resin for RVR Front Fenders

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The RVR is the second fender from the Mitsubishi/SABIC Innovative Plastics relationship, which first gave consumers the Delica D:5 minivan in 2007, also sporting front fenders molded from Noryl GTX resin. To optimize on-line painting of the plastic fenders along with the steel body, careful part design and processing were essential.