Americans are spending a record amount of money on new cars and trucks

pulse

January 4, 2018 4:53 PM

The auto industry might be looking to a weaker sales year in 2018 after an unexpectedly solid 2017, but there's a silver lining to the dark cloud of decline.

According to Edmunds.com, new-vehicle prices are hitting record highs.
Confident consumers are buying big, well-appointed cars and trucks.
The larger stickers are helping automakers' pile up cash.

Americans are spending a record amount of money, on average, to buy new cars and trucks.

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