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With new car prices hovering near all-time highs in the United States, a personal vehicle is one of the biggest purchases millions of American consumers will ever make. Data from Kelley Blue Book shows that the average transaction price for new vehicles was $48,641 in January 2025 — up about 1.3% year over year, and equivalent to about 74% of a typical full-time worker’s annual income, according to the Bureau of Labor Statistics. 24/7 Wall St. Key Points: A car is one of the biggest investments many Americans will ever make. For those looking to get the most for their money, there are many factors to consider beyond the sticker price — and for each vehicle segment, at least one model stands out for their overall value and long term cost of ownership. Also: Discover the next Nvidia While there are many makes and models selling for far less than the national average, a low price by itself is not necessarily the most important factor for prospective buyers to consider. A
Chief Executive Makoto Uchida is stepping down, with Chief Planning Officer Ivan Espinosa taking the helm of the Japanese carmaker.
It's only March, and we already we have a blue-ribbon winner for the most unexpected business news of 2025. According to CNBC, carmakers including Honda Motor Co. (HMC 1.35%), Toyota Motor Corporation (TM 1.
When you think about Ford, you likely think of an automobile icon, a Detroit legend, a titan of the industry, and a dozen other words that probably all work. Ever since Ford was founded in 1903, the company and its Model T laid the groundwork for an industry that would soon take on a life of its own. Key Points Ford is one of the most iconic names in the automobile industry. While Ford might be a historic giant, the auto industry has not only caught up but, in many ways, surpassed it. Brands like Tesla, Hyundai, and Toyota are all likely to surpass Ford in the next 10 years. Earn up to 3.8% on your money today (and get a cash bonus); click here to see how. (Sponsored) Ford remains one of the world’s largest automakers and one of the original “big three” members still alive and kicking. However, while Ford may have an incredibly successful backstory, the auto industry is moving at lightspeed, and in the next ten years, Ford could be in the shadow of new industry giants. 8. General
As cars are becoming more connected, automakers see access to space as an important investment.
Honda Motor (HMC) plans to produce its next Civic hybrid in Indiana rather than Mexico to avoid the impact of possible tariffs, according to a Reuters report.
Honda is the latest major company to consider a pivot to US manufacturing after Trump revealed his plan to levy 25% tariffs on Mexico and Canada.
Japan's well-honed skills at trade diplomacy make some mitigation of Donald Trump's tariffs possible, if not likely.
Honda Motor (NYSE:HMC) is shifting production of its next-gen Civic hybrid to Indiana, dodging potential US tariffs on North American imports, according to US media reporrts. The automaker originally planned to build the model in Mexico starting in 2027.
Honda has decided to produce its next-generation Civic hybrid in the U.S. state of Indiana, instead of Mexico, to avoid potential tariffs on one of its top-selling car models, according to three people familiar with the matter.