Manufacturers respond to market conditions, and Tesla price cuts bring down luxury ATPs.
August average price flat YOY as incentives keep going up.
AAA analysis shows big increase over last year, blames inflation, interest rates.
Pandemic-induced ATPs receding as inventories, incentives ascend.
June conditions balanced between high prices, interest rates and rising income and incentives.
June average price increase least since pandemic began, Cox says.
Higher incentives, inventory drive demand as average price stays below MSRP.
Robust demand and increased vehicle availability drive significant growth.
April average stays under MSRP for second month in a row.
Dealers report elevated prices, a lack of affordable vehicle models, and higher interest rates are pricing many consumers out of new cars.
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