Renault CEO warns: Car prices will increase

Car prices have been increasing noticeably in the last few months. This is the case not only in Turkey, but throughout the world. The reason for the hikes has been shown as ‘increasing costs’ until now. Renault’s recently appointed CEO explained that car prices will increase further.


New photo from TOGG’s testing phase

The domestic car TOGG was in the testing phase for a while. A photo of the aerodynamic tests at this stage has been shared.

Car prices will increase due to chip problem and rising costs

Although this statement does not contain certainty yet, it is very difficult to say otherwise. Because there is a semiconductor crisis that has been going on for a long time, along with this, there are increases in production costs. Prices in the next 12 months, according to Luca de Meo, CEO of France-based manufacturer Renault will increase further.

Luca de meo
Luca de Meo warning about car prices

The main reasons are also shown in the continuation of this statement of the CEO to the Spanish newspaper. First, of course, is the chip crisis. The production problem, which has become a problem with the pandemic suddenly catching the whole world, has caused the closure of automobile factories today. This problem is followed by increased production costs of steel, gas, copper and aluminum. These two serious problems will drive new car prices in the coming months. Considerably can increase.

If these price hikes are in question, it will of course be reflected in our country. Because while automobiles are imported, exchange rates such as Dollar and Euro have the right to speak. E.g 30,000 dollars car on sale from now on If it will go on sale for 35,000 dollars, we will see the effect of this on the price. we will feel.

source site