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"The average price of a new vehicle has topped $40,000 for the first time ever as Americans switch from passenger cars to more-expensive SUVs and pickups."
This article is pretty vague and doesn't say much. Is the average cost of all vehicles available in the USA market approaching 40k? Or is the average cost of all vehicles that are being bought reaching 40k?
If it's the former it doesn't really say anything, average costs can go up as more expensive vehicles are made available. There's still PLENTY of cars to choose from that are sub 40k.
If it's the latter then sounds like the spending habit of the average consumer has gone up. Cool story.
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