Ford Motor Co. predicted new US car prices will fall about 5% as automakers dial up the discounts, giving consumers a break from last year’s sticker shock.
Parts shortages emptied dealer lots of inventory over the past three years and drove up average sale prices on new cars to a record $49,507 in December, according to Kelley Blue Book. But Ford sees that easing this year, and as the supply of cars grows, carmakers will face pressure to make deals.
ncG1vNJzZmivp6x7o7jOqKSbnaKce6S7zGilnq%2BjZK6zwMico56rX2d9c3%2BMaWlmaGJks7C%2Bw2aqnp2jYsK0ecKaqWaoop6wpr%2BMn5ilpJmjtG6BjK2foqtdrrKivoyaqmaqlZeutbHSZqmiq5U%3D