The Business Nearby

Car Market

1 article

A family walking away from a nearly empty car dealership lot, symbolizing the impact of high vehicle costs on consumer purchasing decisions.
New Openings

High Costs Drive Consumers to Car Buying Hiatus

Around one million potential buyers have already exited the new car market, unable to afford the escalating costs of a new vehicle, according to USA Today .

Rizza Valencia·May 30, 2026