Dear reader,
the last person who wanted to buy a car was not in a good position: little choice, hefty prices. A report by Deutsche Automobil Treuhand shows how juicy it is. On average, customers in Germany paid 42,790 euros for a new car in 2022 – a new record and 5000 euros more than a year before.
The situation on the used car market was similar: the average price there rose from 15,740 euros (2021) to 18,800 euros (2022). Holy cow!
What we focused on this week:
How Tesla is approaching 2023
Why China’s autotycoon Li Shufu is in trouble
Why the van deal between Mercedes and Rivian fell through
Which strategy change should save the air taxi start-up Lilium
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