Tag: Car Prices

On March 29, 2024, Good Friday, Biden’s Environmental Protection Agency (EPA) rolled out its new electric truck mandate, which will require that electric semi-trucks make up an increasing share of manufacturer sales from 2027 through 2032, similar to its recent rule for passenger cars. EPA’s rule would effectively require electric models to account for 60 percent of new urban delivery trucks […]

Almost 5,000 auto dealers nationwide wrote to President Biden, urging him to slow down his aggressive push to force automakers to produce and sell electric vehicles. His administration has proposed fuel economy and tailpipe emissions standards that would require two-thirds of the cars sold in 2032 to be electric, increasing consumer costs and unfairly burdening U.S. businesses. Earlier this year, the Environmental […]

New car prices are up 25 percent under Biden’s Presidency and they will likely increase further as Biden’s proposed auto efficiency standards will increase automakers’ production costs. In 2018, there were a dozen new car models that sold for less than $20,000, but in 2023, there was only one: the Mitsubishi Mirage, which accounted for about […]