CarGurus’ Kevin Roberts says auto affordability remains strained, with buyers gravitating toward lower-priced and used vehicles even as demand holds up at the high end. He highlights hybrids as the strongest-growing powertrain, led by Toyota, while automakers recalibrate EV strategies toward cheaper models. Roberts also discusses Chinese EV competition, rising ownership costs and the shift of priced-out new-car buyers toward nearly new and older used vehicles.