April 21, 2021—The average new car price jumped to $37,200, which is up 8.4 percent from the same quarter last year, reports CNN.
Sales have taken a nice turnaround for dealers, which saw big drops in sales during COVID-19 last year. But the demand is quite high amid production shortages due to low computer chip supplies.
The high demand and limited supply are pushing up prices.
About the Author
NOLN Staff Reporters
The NOLN staff reporters cover the quick maintenance industry every day, from top to bottom. For news inquiries, please contact [email protected].
The NOLN Newsletter is the Definitive Source for Quick Maintenance Success
