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Used Cars Under $20,000 Disappear as Prices Reach New Peaks

Auctions have virtually wiped out affordable options, prompting dealers to predict that the price floor will climb into the mid-$20,000s.

U.S. Economy Contracts 0.3% in Q1, Marking First Decline Since 2022

Volvo Cars Unveils $1.87 Billion Restructuring Plan to Address Profit Decline