💪 Strong growth of the market of used electrified vehicles: + 46% for the 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
The automotive industry has been experiencing many difficulties for some time now. And for good reason, it has been affected by the semiconductor shortage caused by the health care crisis and the Covid-19 epidemic for more than two years. As a result, production and delivery times are significantly extended, and prices have also increased dramatically. As a result, sales of new cars fell completely. But from the second-hand side, it does not necessarily become pinker, on the contrary. And it is not for nothing that this market also experiences a lot of difficulties.
The used car market in the United States is booming.
During the epidemic, many people want to have a cheap car to avoid public transport.
Even if it means reselling when things get back to normal.
Price +9.5% https://t.co/hvzOjMusL8— Cedric Faiche (@cedricfaiche) November 12, 2020
Declining sales
During 2022, sales were quite low and almost continuously declined. And delays in the delivery of new cars did not happen for a reason. Indeed, tired of waiting for their car, motorists rushed to the village used vehicles. Until the creation of a real deficit. However, the market picked up a bit last December. Good news, which in the end did not last. Indeed, the January figures are not very encouraging. Indeed, transactions fell again by about 6.4%.
All affected brands
On the other hand, and this is pretty good news for those looking to change cars, prices have come down a bit. Well, the drop is minimal as it is only about 0.1%, but that’s all. In general, all manufacturers were affected by the drop in sales, including Peugeot, Renault and even Citroën in the French brand market. On the other hand, DS Automobiles is in the red, sales increased by 89.8% in January alone.
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.