Tuesday’s Headlines Eat the Rich

Streetsblog
By Blake AuedMay 9, 2023, 4:00 am753 ptsHot
With the average price of a new car topping $48,000 and just two models available for under $20,000, car ownership is increasingly becoming a luxury for the rich. But automakers don’t mind, because they’re making higher profits by selling fewer but more expensive vehicles. (Washington Post) The head of the…

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