They fell into a stupor: The German car industry cannot sell new cars — Bild

At the CAT Automobillogistik logistics site in Essen has accumulated about six thousand new unsold cars. This is reported by the Bild newspaper.

German automakers are facing a large—scale crisis - no one buys new cars, writes the Bild telegram channel in Russian*. At the CAT Automobillogistik logistics site in Essen has accumulated about 6 thousand new cars, including expensive Volkswagen and Audi models, as well as electric cars, at least 300 million euros. The cars cost more than six months, and some even more than a year, employees say.

"I have never encountered something like this before, although I have been working here for more than ten years. Cars are only brought in, but almost no one leaves on them," one of the workers told Bild.

According to him, the reason for the crisis are high car prices and problems with the infrastructure for electric cars.

"People are not ready to pay that kind of money for an electric car, and the development of charging stations and the limited travel distance scare off buyers," said an employee of the logistics site.

Experts confirm that the demand for new cars in Germany continues to decline.

Low sales negatively affect automakers. Companies, such as Ford, are forced to introduce a reduced working day and lay off employees. However, a drop in demand may be in the hands of buyers, as manufacturers are beginning to offer large discounts to sell stale goods.

By the end of the year, automakers will try to improve sales figures, which will lead to even bigger discounts, according to auto expert Frank Schwope. However, despite this, the crisis continues to deepen, and it is becoming increasingly difficult to find long-term solutions in the face of falling demand, he notes.

*An organization performing the functions of a foreign agent