With dwindling provide and improved need, new automobile rates soared even more in May perhaps, symbolizing an all-time high in calendar year-over-calendar year development for the thirty day period. In info compiled and introduced by Kelley Blue Reserve, the normal new automobile transaction rate was $41,263, an boost of $2,one hundred twenty five or 5.4% over May perhaps 2020. It is also a $493 or one.2% boost over April 2021.
According to KBB info, each automaker besides Tesla (-8.8%) and Nissan (-.40%) noticed normal transaction rates rise calendar year over calendar year. All but Ford rose thirty day period-over-thirty day