New Cars Nobody Wants in 2024
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After years of limited supply and rapid turnover, new cars are now languishing on dealer lots. The average new car sells in 54 days, while new EVs take 70.6 days and new hybrids sell in 49.5 days, according to a recent study by iSeeCars. The analysis 463,000 new and used car sales between October 2023 and March 2024 found a 21.6 percent slowdown...
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