Carmakers are facing a decline in overall sales in 2026 as tariffs and high prices shrink the pool of consumers able to afford a new vehicle, leaving manufacturers chasing affluent customers with expensive vehicles. Headlight.News has more.
record car prices
Forget Hurricane Milton, Car Buyers Are Underwater All Over the Country
If you’ve bought a new car recently you’re well aware of how much vehicle prices have risen over the last decade. In many cases, that’s pricing many potential buyers out of the market. But others are simply taking a deep breath and signing up for hefty loans. The problem is that they may find they’re “underwater” when they next go to trade in – owing more than the vehicle is worth.