Used Auto & EV Space Accelerates Amid Pricing Pressures to Industry
Schwab Network · Schwab Network
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Show Notes
"2025 has been a pretty interesting year for the auto industry," says Kevin Roberts with CarGurus. He has a particular interest in the used car market, noticing a rise in vehicle sales under $30,000 and/or with cars seven years or older. Kevin sees similar trends in the EV space after the Trump administration axed the EV tax credits. With interest rates remaining high and new vehicle prices increasing, he says it's critical a middle ground forms to draw prospective car buyers toward new vehicles.
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