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New Car Sales Are Rising Thanks to Purchases by the Well-Off

5 January 2026 at 12:57
A larger proportion of new cars are being bought by affluent Americans as prices and interest rates for auto loans climb, analysts said.

ยฉ Saul Martinez for The New York Times

Wealthy consumers are keeping new car sales humming even as the auto industry battles tariffs, high interest rates and near-record prices.
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