New car sales in Switzerland have collapsed. Sales are down 27% compared to 2020 – which also wasn’t a great year for car sales.
Most other European countries are reporting similar falls. The Association of European Manufacturers are blaming a computer chip shortage as many factories have had to cut back production.
The study was produced by financial firm EY – which says there’s a crisis in the car market.
But the sales of electric or hybrid cars are climbing – up 79% since the beginning of the year.
Swiss Post announce job cuts
Autumn arrives in Switzerland
Driver warning in Vaud
Mixed results in school classrooms
Good news for household bills
Fuel reserves now in use
