Cars have become so expensive that many Americans are putting off or not buying new cars, hurting the auto industry.

High new-car prices are deterring middle-income buyers, slowing expected sales growth. Sales have increased among affluent households, but plunged for families earning $75,000 or less. Average monthly ...

Buying a new car in America is starting to look like a luxury fewer and fewer can afford. While showrooms still have foot traffic, the type of buyer walking through the door has changed, and it’s no ...