Car prices on the rise in States

The United States is the home to richest people in the world with the highest number of millionaires and billionaires residing in the nation. The nation is also a huge market for luxury vehicles and sports cars more than any other nation in the world.

U.S. car prices are on the rise, in part because consumers are flocking to heavier SUVs and pickup trucks. Rapid advances in vehicle technology are also playing a role, especially on th....