We can’t say that the car market has been in the best shape since 2020. And for good reason, although he was on the rise, despite some small difficulties, a health crisis, as well as various limitations caused his good health. And cause, in particular, the closure of concessions, as well as factories, which also caused a significant shortage of semiconductors. Three years later, it is still not resolved. As a result, new car delivery times are getting longer, which forces motorists to turn to the second-hand market.

💪 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

A promising rise

So much so that demand was stronger than supply, creating a real shortage. This explains the drop in sales, as there were not enough cars. But the situation has improved and the situation is much better than it was a few months ago. According to AAA Data, no less 373,119 cars changed owners last month. Then this figure increased by 2.5% compared to the same period last year. This is the third month in a row that the number of transactions has increased. However, in the first 8 months of the year, the drop was still 2.4%.

General promotion

Looking at the numbers, we understand that almost all manufacturers experienced growth, including Dacia, Toyota or even BMW and Suzuki. On the other hand, some have fallen a bit, such as Fiat, Opel or even Mini. Renault, Peugeot and Citroën are in the lead, followed by Volkswagen, which is still popular with car enthusiasts. Let’s hope that this upward trend continues over the next few months, although the situation is still quite fragile at the moment.

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