New car prices in Germany have surged significantly, with combustion engine vehicles experiencing a 10% increase and electric vehicles seeing a 4% rise. This price hike is primarily attributed to rising list prices rather than diminishing discounts.
Consequently, the price gap between electric and combustion vehicles has narrowed from 30% to 23%. Manufacturers appear to be implementing a strategy to gradually reduce the price difference by increasing the list prices for combustion vehicles.
It remains uncertain whether this approach will be successful in the market. The trend reflects a broader shift as automakers invest in developing electric, autonomous, and connected vehicles to meet evolving consumer demands and environmental regulations.
The future of the car manufacturing market is heavily influenced by these technological innovations.
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