Rising prices push US car ownership costs to breaking point
Auto affordability strains household finances in nation that relies on vehicles for transportation
Auto affordability strains household finances in nation that relies on vehicles for transportation

New vehicles are being marketed to ordinary investors just as some similar products in the US have run into trouble

Executives warn that a prolonged energy shock would increase pressure to pass on costs to customers

Costs have been driven up by a combination of skills shortages, supply-chain issues and complicated modern cars

The Iran war has intensified US households’ affordability struggles

Like every president, he will have to own the political consequences of rising prices

Rising premiums add to pressure on households already feeling the pinch from the high price of goods