Cheap new cars are hard to come by these days. Because parts are scarce, manufacturers rely on models with high profit margins. A car group can hardly be ordered.
New cars will remain scarce and expensive on the German market for the time being. This is the result of the regular market study by the Duisburg Center Automotive Research (CAR) for the month of June.
Due to the fact that the subsidies will probably expire at the end of the year, according to the observations, hardly any plug-in hybrids that combine electric and combustion engines were offered. According to the study, 12 of the 15 top models examined could not be ordered. “It looks as if the industry has already said goodbye to the plug-in,” concludes Ferdinand Dudenhöffer, who headed the study.
In addition to state subsidies, there are only comparatively low purchase incentives for pure electric cars. Here, too, some models are not available, but this is more likely due to component bottlenecks.
Expert Dudenhöffer expects new car prices to rise further in the short term and fewer discounts. The industry will pass on increased material costs including the expected salary increases. However, high inflation and rising interest rates mean that fewer and fewer people can afford a new car in the medium term. The supply crisis could turn into a demand crisis in the medium term, explained Dudenhöffer.
