Supply-line disruptions continue to vex the automotive industry. The microchip shortage is one of the bigger roadblocks to new car production, but the scarcity of more common parts is having a ripple effect throughout the trade. All this is causing vehicle prices to rise — or, more accurately, continue to rise.

Kelley Blue Book reported that for the first time in history, the average price of a new car in the U.S. surpassed $45,000 in September, following six consecutive months of record climbing prices.

Tags

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Post a comment
Stop watching this discussion.