The Limited Times

Now you can see non-English news...

Automotive: the electrification of the market weighs on sales in Europe

2022-01-18T19:42:52.517Z


DECRYPTION - Purchases of new vehicles are restarting in Asia and the United States, but not on the Old Continent.


Sales of new cars, which had stalled in 2020 due to the consequences of the pandemic, did not pick up in Europe last year.

The manufacturers have done their calculations: 3.3 million cars have missed the call in Europe in 2021 to regain their health before the Covid crisis.

The market then reached a record level of 13 million new passenger cars sold in the European Union.

So what is happening on the Old Continent?

Is this decline explained solely by the lack of electronic components which is hampering production?

Are customers discouraged by the higher prices of electric and hybrid vehicles favored by major automotive brands?

Is the wait-and-see attitude of customers explained by the prospect of new regulations in Europe on the level of CO2 emissions and pollutants?

First observation, Europe is not the only continent affected by the shortage of semiconductors.

On the other hand, it is the only market…

This article is for subscribers only.

You have 79% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for 1€ the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All business articles on 2022-01-18

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.