The Affordable Car Is About to Go Extinct in the US

Let’s be upfront here: US cars haven’t been cheap for a long time. The average price of a new car in the US is close to $50,000, up some $5,000 from two decades ago, even adjusted for inflation. The reasons are manifold: Vehicles have gotten more complicated—and expensive—to manufacture, theContinue Reading

This Is How You Get a Chinese EV Into the United States

Another exception is that non-American citizens can bring their foreign vehicle to the country temporarily without getting an American license plate, says Cao Yang, owner of CDM Import, a Los Angeles–based company that’s exploring the nascent market for Chinese vehicle imports. Cao has helped facilitate some newer and larger ChineseContinue Reading