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New car prices in the U.S. and China are diverging into two very different markets
Average new-vehicle prices remain far higher in the United States than in China, highlighting how tariffs, market structure, and consumer demand are reshaping what buyers can afford.
Key Takeaways
- Average new-car prices are about $50,000 in the U.S. versus roughly $26,325 in China.
- The U.S. sub-$20,000 market has largely disappeared as buyers are pushed toward larger, pricier vehicles.
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DT Editorial AI··via jalopnik.com