Tech Overload Killing Car Sales in France
Automobile sales have plummeted by a staggering 23% since pre-COVID times, leaving dealerships barren and factories operating at reduced capacity. This decline is not just about the economy; it's rooted in technology overkill that has made cars unaffordable for many French buyers.Key TakeawaysAverage car prices have surged, making vehicles inaccessible to most households.The industry is facing a structural crisis with annual sales missing by 500,000-600,000 units since 2020.Consumers are demanding simpler and more affordable cars that don't come loaded with unnecessary tech features.The automotive sector in France is suffering from a severe slump. In November alone, the industry saw sales drop dramatically compared to pre-pandemic levels, indicating an ongoing crisis rather than a temporar...
