In a few months, the holey supply chains will no longer be the problem for manufacturers, but the declining willingness of customers to buy, according to the Duisburg Center Automotive Research (CAR) in its discount study for the month of July. In addition to high inflation, the planned reduction in government subsidies for e-cars will also have a dampening effect.
The car manufacturers could still reduce their pent-up order books and sell the scarce new cars without major discounts, it is said. However, there were increasing signs that production was recovering and that the order backlog had begun to be rapidly reduced.
Dudenhöffer cites production data from manufacturers in Germany, who built 21 percent more cars in May and June than in the same period last year. In addition, the delivery times for cars that come onto the market via subscription models have been reduced.
The CAR experts report that there are currently hardly any incentives to buy in the new car market, so that the net prices are at the highest level. In addition, list price increases must be expected in the coming months. This applies in particular to electric cars, because lithium, nickel and other raw materials for battery production have already become significantly more expensive.
Source: Nachrichten
