Market: Better supply situation in Switzerland

OFFER Slowly the supply situation in the automotive sector is normalizing, which is having a positive effect on the supply on AutoScout24. Compared to the previous quarter, the number of advertised vehicles increased by 8.6 percent.

AutoScout24
The number of advertised vehicles on Auto Scout 24 increased significantly in the first quarter of 2023.

The supply of electric cars increased particularly strongly, with a third more e-cars advertised on the online platform. Average vehicle prices remained at a very high level.

Maurice Acker, Director Business Customers (center gallery): "There are increasing signs that the situation on the Swiss car market is easing. The supply situation is increasingly stabilizing, and waiting times are thus becoming shorter again. We are also noticing this at AutoScout24. The upward trend continues in the first quarter of 2023. From January to March 2023, almost 49,000 new cars were advertised - around 6,000 more vehicles than in the previous quarter."

Proportion of internal combustion engines decreases

Although most vehicles on AutoScout24 are still gasoline or diesel models, their share is becoming smaller and smaller. In the first three months of the year, the supply of diesel vehicles increased by 8.9 percent (6300 vehicles), while the increase for gasoline models was only 5.4 percent (9300 vehicles). The supply of full hybrids increased by 22.9 percent (2000 vehicles), plug-in hybrids by 18.7 percent (1775 vehicles) and mild hybrids by 11.5 percent (around 2000 vehicles).

Alternative powertrains such as natural gas and hydrogen continue to eke out a niche existence: In the first quarter, around 430 gas-powered vehicles and 90 hydrogen-powered models were offered.

SUV and minivan are in demand

Maurice Acker: "In percentage terms, SUV and minivan models saw the strongest growth in the first quarter of 2023. Switzerland has been an SUV country for years. The vehicles are considered safe, and the somewhat higher seating position offers a good overview. In addition, an SUV as a status symbol has more appeal than a station wagon."

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