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New car sales in Austria fell sharply
Compared to the same period of the previous year, sales of new cars in Austria decreased by 24 percent. The welfare state produced the second worst result in the European Union based on sales statistics. The reasons for the fall are to be found in the increase in prices due to the protracted war and the pandemic.
Compared to the same period last year, sales of new cars in neighboring Austria fell sharply, reported the online edition of Vienna's Kronen Zeitung . According to the data of the authoritative newspaper, just over 17,000 new cars were put on the market in Austria this May, which is 24 percent less than in the same period of the previous year. As a result of the decline, our western neighbor is at the bottom of the European sales list, just ahead of Lithuania.
Falling sales across Europe are affected by the protracted war in Ukraine - several car manufacturers shut down their plants in Russia - and the previously developed shortage of spare parts. The problem is compounded by the fact that the segment was not even able to overcome the recession caused by the pandemic, and another crash has already occurred. But a new situation arose not only for the manufacturers, but also for the customers: cars became significantly more expensive.
(Source: autokalauz.co.hu; hirado.hu | Image: pixabay.com)
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