Kelley Blue Book Report: New-Vehicle Incentives Climb Higher in October, as Many Automakers Work to Clear Inventory

New-vehicle prices in October were up modestly year over year, at $48,623, according to the latest Kelley Blue Book data. Prior to October, transaction prices had been trending lower year over year through most of 2024. New-vehicle incentives in October climbed higher, reaching 7.7% of…