Wealthy Buyers Keep Auto Sales Afloat Amid Rising Costs
Higher-income buyers are sustaining the new-car market even as auto-ownership costs rise sharply for others, signaling a bifurcated economy. Economists forecast about 16 million vehicle sales in 2026 with demand skewing toward the wealthy, while costs for parts, maintenance, and insurance have surged since 2019. The piece also previews BMW’s upcoming i3, notes Kia EV6 GT delays amid tariff pressures, reports Ford recalls affecting over half a million vehicles, and introduces a new 'Fuel Up' segment tracking gas-price spikes tied to geopolitical tensions.