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The Latest Breaking News from Kelley Blue Book

Vietnam's Vinfast committed to selling EVs to US despite challenges, intense competition

Vietnamese automaker Vinfast has plunged right into the crowded and hypercompetitive U.S. auto market, gambling that if it can sell its electric vehicles to finicky Americans, it can succeed anywhere

The Independent UK

New car prices are cooling, but experts say you still might want to wait to buy

The average transaction price for a new car in July was $48,334, a slight dip from June and only a 0.4% year-over-year increase, according to Kelley Blue Book.

WEKU

New EV Prices Down 20% Compared To Last Year: Kelley Blue Book

In June 2022, the ATP for new all-electric vehicles sold in the US was $66,390. In other words, the average price of EVs went down by nearly $13,000 in one year.

InsideEVs

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Why Used Car Prices Are Rising After Months of Declines

The CPI report showed used car prices went up. Here's what happened.

Kiplinger

Average EV Transaction Price Down Over $10,000 Year Over Year: KBB

Kelley Blue Book says the average transaction price of a new EV in the US was around $55,000 in April 2023. Meanwhile, the average new car price is $48,275.

InsideEVs

Chevrolet Bolt EV And EUV Least Costly EVs To Own For 5 Years: KBB

Kelley Blue Book’s 5-Year Cost to Own information factors in costs like fuel, maintenance and repairs, finance and insurance fees, depreciation, and state fees.

InsideEVs

EV Prices Up Marginally In March, According To Kelley Blue Book

Tesla is cutting prices, which has pushed the average down. However, other brands are beginning to sell more EVs, so the average has come back up slightly.

InsideEVs

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Tesla Wins Best Overall Luxury Brand Again, Kelley Blue Book

Tesla may not be a traditional luxury automaker, but Kelley Blue Book says the brand creates excitement among car shoppers, which brings attention to the brand.

InsideEVs

Car prices are still high and they are unlikely to fall anytime soon

WEKU

Why car prices are still so high — and why they are unlikely to fall anytime soon

WEKU

Why car prices are still so high — and why they are unlikely to fall anytime soon

The average new vehicle costs nearly $49,000, an almost $10,000 increase from before the pandemic. This is a look at today's deeply weird auto market.

WEKU

Tesla Model S And Model X Get Best Resale Value Awards From KBB

Used car prices are falling, and Tesla's used cars are much cheaper than they once were. However, the Model S and X still hold their value better than rivals.

InsideEVs

Average Price Paid For New EVs Down $3,600 In December 2022: KBB

Despite the lower average transaction price, EVs were significantly more expensive than the average new vehicle (overall) estimated by KBB at $49,507.

InsideEVs

Auto sales for 2022 expected to be worse than 2020

After a year plagued by low inventory on dealer lots, 2022 is expected to end with automakers selling just under 14 million new vehicles for the lowest sales in more than a decade, according to Kelley Blue Book estimates released this week.

Tribune News Service

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Benzinga

Which Congressman Did US Transportation Secretary Pete Buttigieg Clap Back At About EV Prices?

U.S. Transportation Secretary Pete Buttigieg was grilled by a member of Congress over the high prices of electric vehicles. Here’s what Buttigieg had to say and the companies he referenced.

Motor1

Car Totaled? Not At Fault? Here’s A Guide To Recovery

You may be entitled to significant recovery if your car is totaled and you’re not at fault for the wreck.

InsideEVs

Tesla Is Clearly Dominant: Are Rivals Actually Catching Up?

There's been Tesla Killer talk for years, and it continues. However, today, there are many compelling EV rivals, and more are on the way. How will it play out?

InsideEVs

Tesla Takes Home Three Kelley Blue Book 2022 Brand Image Awards

Tesla is no stranger to controversy and criticism, and also no stranger to awards. Honda is the only other automaker to win three KBB 2022 Brand Image Awards.

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