Audi-Ford Price Gap Widest Since 1999 as U.S. Gains Share: Cars

Foreign cars are selling in the U.S. at the biggest price premium to domestic autos in almost 12 years as a weak dollar curtails imports of lower-priced models, allowing General Motors Co. and Ford Motor Co. to gain share.

The average selling price for a new imported car climbed to a record high of $31,536 in August, according to the U.S. Bureau of Economic Analysis. That was $7,614 more than the average domestic-made car, the biggest gap since December 1999. With Toyota Corollas and Honda Civics in short supply, more Americans have turned to Chevrolet Cruze and Ford Fiesta cars.