Automotive Affordability in Peril: Only One New Car Costs Under $20K
Just five years ago, there were many small cars in the United States priced under $20,000. Today, there’s only one left, the Mitsubishi Mirage, and it’s struggling. The Mirage is now the only new car under $20,000, a once-affordable threshold that has lost its significance due to rising prices. Last month, the Mirage sold for