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According to data provided by the well-known company "JD Power", the average price of cars in February rose by 4.8% and amounted to $46,229, reaching a new historical record for this indicator.
Jack Hollis, head of Toyota's North American sales division, also shared his thoughts on the matter. According to him, car prices will continue to rise.
About 17 million vehicles could be sold in the US this year, Hollis said. Of this, 15 million vehicles will be sold in 2023, and 2 million are outstanding customer orders for 2022. Achieving this indicator will directly depend on uninterrupted work with supplies. However, it is noted that it is not necessary to wait for the fall in car prices until 2024.