Episode notes
The average new vehicle has crossed $50,000 while automakers are cutting models, discounting EVs, and pouring money back into the trucks and SUVs that still pay the bills.
Today’s episode breaks down $50,089 average new-vehicle prices, $67,446 full-size pickup transactions, EV incentives averaging 12%, roughly 20 vehicles and variants getting cut from future lineups, Volkswagen planning to cut its model lineup in half, and Ford spending $1 billion on a new Kentucky paint shop.
Today's Key Headlines
~Average new-vehicle transaction prices hit $50,089
~Full-size pickup transactions average $67,446
~EV incentives average 12% of transaction price as automakers buy down demand
~Automakers are removing about 20 vehicles and variants from upcoming lineups
~Ford commits $1 billion to a new paint shop for heavy-duty trucks and large SUVs in Kentucky
00:00 Welcome to Auto Insider
01:36 New-vehicle prices cross the $50,000 threshold
03:54 EV prices move against the broader market
06:01 Automakers begin a major lineup purge
07:42 Volkswagen plans to cut its model lineup in half
10:56 Ford invests $1 billion in a Kentucky paint shop
14:05 Dealership lending systems become a compliance risk
18:28 Big takeaway: pragmatism beats promises
22:25 Outro: the industry grips the emergency brake
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