💪 Strong growth of the market of used electrified vehicles: + 46% in one year!
In the second quarter, it is 1/3 of transactions.
➡️ Details on#IOElectric : https://t.co/b0bI0ymXjz#Electric mobility #Mobility #Electricity #Mobility pic.twitter.com/zcbsmt896y
— French Electricity Union (@ufelectricite) July 4, 2022
Nothing really works for more than two years. And for good reason, while car sales have been doing quite well in 2019, the Covid-19 epidemic has quickly upended everything, raising a fragile house of cards for new car sales. Although this event has been particularly hard hit in recent months, the used car market has also taken a hit during the year. And it is not for nothing that the numbers are far from very lush, much to my displeasure industry professionals which recorded very significant falls.
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A sharp drop
Indeed, according to the latest official data, new car sales fell by 7.8% for the year. According to AFP (Car Platform), only 1,529,035 cars were registered from January to December 2022. For comparison, in 2019, before the crisis related to Covid-19 and the war in Ukraine, at least 2.2 million cars were sold. However, December was a somewhat promising month, p sales rose 0.1%. This is not much, but still a good sign that is important to consider.
The success of electricity
If almost all manufacturers have seen a drop in sales during this year, some have come out of the game, such as Toyota or Dacia and Alfa Romeo. In general, electric vehicles have achieved some success, the market share has increased to 13%. However, the petrol engine remains the most popular engine, accounting for 37.2% of sales for the whole of 2022, then largely dominated by diesel as well as hybrids, particularly battery-powered ones. It is really difficult for the latter to find its place.
The Peugeot 3008 was the best-selling SUV in France. Its success was such that Peugeot found it difficult to keep up with the pace of production. Suffice it to say that the second-hand market is flooded with this model. We are exclusively interested in … https://t.co/RHk7c6N5GW
— AutoPlus (@AutoPlusMag) July 5, 2022
Source: Auto Plus
Robert is an experienced journalist who has been covering the automobile industry for over a decade. He has a deep understanding of the latest technologies and trends in the industry and is known for his thorough and in-depth reporting.