Cars
fromwww.nytimes.com
12 hours agoOpinion | The Affordable Car Is Dead. What Happened?
The affordability of cars has drastically declined, making ownership a financial burden for many Americans.
The event will take place alongside Transpotec Logitec, bringing together passenger and freight transport stakeholders within the same exhibition venue, enhancing collaboration and innovation in the transport sector.
California has decided that if the U.S. government is going to slash electric-vehicle incentives, it needs to keep the momentum going itself with $200 million in state funds to promote cleaner cars. California Gov. Gavin Newsom's latest proposal reveals a bit more about how exactly it plans to plug the gap. The program's finer details are still hazy. But we know this: The policy would require manufacturers to match the state's contribution dollar-for-dollar, effectively doubling the incentive.
2025-model used cars sold in the fourth quarter of last year went for $6,370 less than their average new car transaction price. That's already substantial savings, but the numbers are even better for EV and PHEV shoppers. Models like the Dodge Charger Daytona and Jeep Wrangler 4XE have truly staggering discounts after less than a year on the road.