U.S. new vehicle sales are expected to reach their highest level since 2019 in 2025, with industry analysts projecting sales to hit 16.3 million, led by lower interest rates and improving affordability. This forecast represents a 2.5% increase from this year, driven by a normalization of vehicle inventories, automaker incentives, and easing financing rates, particularly in the entry-level and less expensive vehicle segment. Despite years of elevated prices and lower inventories, the market is becoming more consumer-friendly, with Edmunds reporting a slight decrease in average transaction prices for new vehicles in recent years.
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28 arrested, over S$610,000 seized in police raids on vice-related activities
Eight men and 20 women were arrested in Singapore for suspected involvement in vice-related offences during police raids across multiple locations. Authorities seized assets worth over S$610,000, including cash, luxury cars, and watches, while three men will face charges under the Women’s Charter for facilitating an online vice syndicate. Want More Context? 🔎
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