Automakers

Europe's car industry could be headed for a crash amid high inflation

BMW i4 production Munich 2021
Production of the BMW i4 electric sedan at BMW's factroy in Munich. (www.guenterschmied.com)
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By:
Bloomberg
August 11, 2022 01:47 PM

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Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.

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