Cars & Bikes

A $50,000 Chrysler Minivan Explains Slowing U.S. Auto Sales

  • Industry deliveries seen dropping a fourth consecutive month
  • Fiat Chrysler, Honda seen posting biggest sales declines

What Is Driving Down U.S. Auto Sales?

To understand why the U.S. auto market isn’t growing, consider a top-of-the-line minivan from Fiat Chrysler Automobiles NV now costs about $50,000.

With twin second-row touch screens, reclining third-row seats, a vacuum and automated parallel parking, the Chrysler Pacifica packs plenty of features to justify a hefty expense. But this big a price tag puts the prototypical family vehicle out of reach for most Americans.