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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

The most affordable vehicles—compact cars, compact SUVs and subcompact cars— had incentives between 3% to 4%, which is above industry average. The majority of non-luxury brands—including Chevrolet, Chrysler, Dodge, Ford, Honda, Kia, Mazda, and Subaru—all saw ATP declines between 0.3% month over month in January.

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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

Green Car Congress

Honda and Kia showed the most price strength in the non-luxury market, transacting between 5% and 6% over sticker price in December. Luxury cars at all levels were selling below MSRP in December, along with luxury compact and sub-compact SUVs. In December, Ford sold more than 75,000 F-Series trucks, its best month in 2022.

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Tesla Model S & Model X named ‘Best Resale Value Award’ winners

Teslarati

.” The Tesla Model S was recognized as the top of the luxury electric car segment, while the Tesla Model X took the top of the luxury electric SUV segment. No electric vehicles were recognized within the KBB’s top 10, with most of those vehicles coming from Japanese automakers and most being non-electrified models.

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TTAC's Worst Cars of 2023

The Truth About Cars

Lexus LX600: Not a bad car by any means, and there are likely plenty of buyers for it. But to me, it simply seems absurd to pay over $125k for a four-seat SUV that can in all likelihood go literally anywhere off-road.if This is in reverse order, from third worst to worst. Nissan Pathfinder: Argh. Here’s the view from Downtown Canada.

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Consumer Reports Says EVs Less Reliable Than Traditional Automobiles

The Truth About Cars

Plus, many hybrids are also made by manufacturers that tend to produce reliable vehicles overall, such as Toyota, Hyundai, and Kia.” Lexus and Toyota took the number one and two spots, respectively, and were followed by Mini, Acura, Honda, Subaru, Mazda, Porsche, BMW, and Kia. SUVs, crossovers, and minivans were next.

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

Green Car Congress

Asian brands, led by Lexus, Toyota, and Mazda, in that order, continue to be the best for new car reliability in CR’s survey, which is the largest of its kind. Seven of the top 10 brands in this year’s reliability rankings are from Japan and South Korea, including Subaru, Kia, Infiniti, and Hyundai.

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