New car sales are on the rise again!

Good news ! New car sales increased slightly in August. But the market is still fragile.

Since 2020, the automotive market has not really been doing well. Worse still, it is even undergoing a catastrophic situation, between the Covid-19 epidemic, the shortage of semiconductors or even the war in Ukraine which has caused many supply problems and even the closure of certain factories. This complicates production and creates delays that do not encourage customers to buy new cars. Not to mention that the rise in prices and inflation in general has not really made motorists want to change cars. This explains the figures in free fall for several months. But it would seem that the situation could finally improve. Indeed, sales have even gone up slightly!

A small increase

According to figures from theTHAT, the association of European car manufacturers, sales of new cars have indeed increased slightly, by around 4.4% in Europe. Granted, that’s not much, but it’s still a very encouraging sign of recovery. Especially since it has been thirteen consecutive months that the figures have fallen, sometimes very sharply. In total, no less than 650,305 units were registered in August. An encouraging figure, but which remains well below those recorded before the health crisis. If France rose by 3.8%, it is in Italy that the increase is the strongest, of the order of 9.9%.

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More effort

According to the European organization, sales of new cars have nevertheless fallen by 11.9% since the beginning of the year, compared to the same period last year. Even though 2021 was not really a very happy year for the automobile. A total of six million vehicles were sold, a decrease of 18.4% for Italy, 13.8% for France and 9.8% for Germany. Hopefully the situation will continue to improve over the next few months!

Source: AutoplusAutoplus by

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