Update on the new car market in 2022

Since the start of the health crisis in 2019, the automotive sector has declined. Statistics show a decline in car sales. Recovery forecasts were thwarted by the war in Ukraine. In addition, the lack of semiconductors affects manufacturers as well as customers. However, different car models are still produced by the most well-known brands. Here is the current situation in the market for new cars.

The various crises have an emphasis on the car market

that the car market is one of the key sectors of the French economy. However, this is being undermined by the order of crises globally. The Covid-19 pandemic, lockdowns, the war between Ukraine and Russia, lack of raw materials are to blame. All this affects the price of vehicles, including electric models. For the first quarter of 2022, the number of registrations decreased by 18.6% compared to last year. Since 2019, this decline has peaked at 34%.

With regard to the health crisis, the reason for such a decline is found in the solution chosen in terms of employment: partial unemployment. The latter was admittedly advocated for limiting the spread of the virus. Nevertheless, this caused significant losses for employees and for France (-5.8% of GDP in March 2020). In addition, the costs per. tons of metals such as aluminum, copper or palladium difficult to carry for manufacturers. In addition, there are blockages in their supply and the price of electricity.

The various crises have an emphasis on the car market
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Which cars still stand out?

Despite the fact that sale of new cars decreases, some manufacturers continue to produce more efficient vehicles. To ensure your choice, it is recommended to go through an auto agent.

Do not hesitate to compare the different offers on this page.

Peugeot

Peugeot is at the forefront of the French car market. The brand achieves more than 20% of sales (2021). The most popular models are the 208 II and 2008 II. Their electric versions are also popular with 1,346 and 360 sales respectively in 2021. In terms of hybrids, Peugeot’s Lion is also in first place with its 3008, of which 1,413 models have been sold.

Citroen

Just after Peugeot, Citroën is making progress compared to 2020. The C3 III is the brand’s favorite model. In the hybrid series, the C5 Aircross and DS 7 Crossback are the best-selling and very successful.

Renault and Dacia

Renault is also a part of list of builders has held up well to crises. The Clio V has had better sales compared to 2020. In terms of electric models, the Zoé and Twingo ZE are in the top 10 of the most popular cars. In addition, the models are marketed by the Romanian subsidiary Dacia in advance, in this case Sandero 3. We can thus see that it is a net increase of 25.7%.

Which cars still stand out?
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Buying a new car: what time frame?

In light of the semiconductor crisis, the delivery time for new cars has been extended from 6 months to one year. We are far from the 4 months in normal times. It is equivalent to ordering a luxury car.

The more options your car has that involve the use of chips, the longer you have to wait. This is the reason why manufacturers do not dare to promise a fixed deadline for their delivery. They thus guarantee to supply more efficient vehicles.

The shortage is forcing some brands to steer customers towards less sophisticated models reduce the waiting time. This at the same time encourages them to review their selection criteria. Depending on how much the need is, some will have to limit themselves to the available vehicles.

However, not all hope is lost. Foreign dealers probably have some models in stock. The most important thing is not to delay in ordering. The outcome of the crisis remains unpredictable.

So far, some brands stand out for their timely delivery. These are Korean and Japanese brands, namely:

  • Kia;
  • Mazda;
  • Suzuki;
  • Mitsubishi.

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