Car sales are going up! More people are buying new cars in February. But even with more cars sold, car dealers are making less money per car. This is because of higher costs and more competition.
- More cars were sold in February.
- Dealers made less profit per car.
- The average price of a new car is about $44,619.
Item | Number |
---|---|
Sales increase (Feb 2025 vs 2024) | 8.1% |
Profit decrease per car | 11.8% |
Average new car price | $44,619 |
Experts think this trend of more sales but lower profits will continue. Things like new rules about electric cars might also change things.