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The Best-Selling Vehicles in America in 2023
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Infographic: The Longest Lasting Cars, in Miles
When properly maintained, well-built cars can last an impressive amount of miles.
Consider this 2006 Honda Civic, which hit one million miles on its original engine and transmission. Amusingly, the car’s odometer maxes out at 999,999 miles.
Over the past two months, General Motors' stock has rallied nearly 30% on the notion that hurricanes in Texas and Florida solved the company's nagging inventory problem. But, even after two of the most devastating hurricanes in U.S. history wiped out hundreds of thousands of vehicles and GM's preemptive elimination of some 6,000 jobs, Automotive News says the company still has a ways to go at certain plants if they want to bring system-wide inventories down to healthy levels.
For months we've argued that record auto sales have been propped up by low interest rates, a perpetual loosening of auto lending standards with terms being stretched to the max and a wave of leases, all of which have allowed the American consumer to trade up to more expensive vehicles while maintaining low monthly payments.
And so far, this perfect alignment of the stars has propelled U.S. auto sales to record highs.