Car Fule

? Strong growth in the second-hand market for electrified vehicles: + 46 % in one year!

In the second quarter, it represents 1/3 of transactions.

➡️ The detail on the#IOElectric : https://t.co/b0bI0ymXjz#Electromobility #Mobility #Electricity #Emobility pic.twitter.com/zcbsmt896y

— French Union of Electricity (@ufelectricite) July 4, 2022

A few days ago, we announced a slight upturn in new car sales, with figures up from last year. Nothing miraculous for as much, unfortunately, but the sign of a small improvement all the same. Nevertheless, customers are still lacking and manufacturers are still affected by the shortage of semiconductors, which is delaying manufacturing as well as deliveries. The situation is particularly difficult for theautomobile industry, since 2020 with the start of the health crisis. And there is no doubt that this should not work out right away, because in addition to this there are increasingly strict environmental standards. In short, bad weather for manufacturers and for the automobile industry in general.

The used car market is booming in the United States.
With the epidemic, many people want a cheap car to avoid public transport.
Even if it means reselling it when the situation returns to normal.
Prix +9,5% https://t.co/hvzOjMusL8

— Cédric Faiche (@cedricfaiche) November 12, 2020

Declining sales

But then, what about the second-hand market? Well, unfortunately, it’s far from being a party too. To tell the truth, it is even rather a disaster. Indeed, sales fell very heavily in October, by around 14.8% compared to the same month in 2021. A figure close to that recorded over the last ten months, with a 14.3% decrease. But that’s not all, because at the same time, prices continue to climb, around 2.5% in October, and 12.8% since the start of the year. An incredible surge, which we owe to the increase in demand, while many motorists are turning to the occasion. A success that leads to this drop in sales, because there are simply not enough cars for everyone.

Read also :
Used: models for sale now
Used Car: Which Model Should You Buy?
There Are Fewer And Fewer Used Cars For Sale

All brands concerned

With a few small exceptions like Peugeot which climbed 1.3%, all manufacturers are down. This is the case of Renault, which recorded a 2.5% fall, but also of Volkswagen, which lost 1.4%. However, some manage to hold their own, like Come on whose sales increased by 5.4%. Hopefully, however, the situation will finally improve, as all the lights are currently red…

The Peugeot 3008 was the best-selling SUV in France. Its success was such that Peugeot had difficulty keeping up with the production rate. Suffice to say that the second-hand market is full of this model. We are exclusively interested in… https://t.co/RHk7c6N5GW

— AutoPlus (@AutoPlusMag) July 5, 2022