The car and motorcycle industry seems to have recovered three years after the start of the corona crisis. Turnover has risen sharply in the past year. This was mainly due to price increases, according to the latest figures from Statistics Netherlands. New cars and car parts became much more expensive last year.
During the corona crisis, the car and motorcycle trade had a hard time. The worldwide chip shortage, which arose due to the high demand for laptops, caused many problems. In addition, many factories closed due to the lockdowns. This had major consequences for car importers and new car sales.
The tide seems to have turned in the past year. In the past year, turnover was almost 25 percent higher than in 2019, the year before corona.
Car repair companies in particular did well. They were less affected by the chip shortage in the second half of last year and more electric cars were sold. This is good for turnover, because the repair of electric cars is generally more expensive.
However, the car and motorcycle sector is still struggling with problems. The tense labor market also continues to be felt at car companies. The number of companies that are understaffed has increased in the past five months.