The estimated average transaction price for light vehicles in the United States was $34,968 in January, according to Kelley Blue Book.
New-car prices have increased by $1,123 (up 3.3 percent) from January 2016, while falling $453 (down 1.3 percent) from December.
The Detroit manufacturers continue to perform well with some of the greatest year-over-year increases. In particular, General Motors climbed 4 percent in January, as all of its brands reported increases in transaction prices.
Nissan North America also continues to make average transaction price gains, up 5 percent for January.