Aurélien Fleurot, edited by Juline Garnier 1:47 p.m., April 19, 2022

The car remains a daily essential for a majority of French people, nearly two thirds use it every day.

But the price of new cars has been steadily rising in recent years, up 15% over three years.

A price spike that has several causes, Europe 1 explains.

Many French people cannot live without it.

The car is still essential for daily trips.

But its price is only increasing.

The reason is simple: producing a car is more and more expensive.

With the Covid-19 crisis, then the war in Ukraine, shortages of materials have multiplied.

In recent months, there has of course been the shortage of semiconductors linked to the health crisis.

But the increasing scarcity of highly sought-after electronic components has also driven prices up.

All manufacturers are concerned

The same mechanism is observable for many raw materials such as copper, nickel, cobalt, lithium and aluminum.

Added to this is the cost of shipping and energy.

All these increases were quantified by the Emil Frey Group, the leading automobile distribution group in France.

He takes the example of a Peugeot 2008, which has undergone an increase of 2,700 euros in two years.

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All manufacturers are concerned: the Dacia Sandero for example, took 800 euros in a few weeks.

Increases that are reflected in a similar way on the second-hand market.

This also recorded an increase of +13% in three years.

By domino effect, this crisis and these cyclical shortages lead to an extension of several months of delivery times for new cars, reminding us that, as everywhere, scarcity has a price.