Noa Moussa, edited by Gauthier Delomez
9:20 p.m., August 01, 2022
The automotive sector has been in trouble since the start of the Covid-19 pandemic: the number of new car registrations has fallen by 30% in two years. A drop which is partly explained by the shortage of semiconductors, as pointed out by the spokesperson for the Automotive Platform on Europe 1.
Never has the automotive sector experienced such difficulties since the start of the Covid-19 pandemic. The number of new car registrations fell by 7% in July compared to last year, and this for the fourteenth consecutive month. In two years, this number has fallen by 30%, or almost a third. A decline which is partly explained by the shortage of semiconductors.
Soaring prices for consumers
“We had a considerable order of computer objects like computers, and all of this completely dried up the source, for us, car manufacturers at the global level of semiconductors”, details François Roudier, spokesperson for the Automotive Platform, at the microphone of Europe 1. “So we always end up with order books that are not bad at all, some manufacturers even have full order books, but cannot produce vehicles without these semi- drivers,” the spokesperson continued.
This shortage leads to soaring prices: consumers should expect to pay more for their vehicle but also to have a longer delivery time, up to eight months of waiting. However, professionals in the sector hope to find a certain balance around 2025.
Source: Europe1
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