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Global supply crunch fuels German inflation



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Germans planning to buy a new car these days have to dig deeper in their pockets, because rising prices in the auto industry have made vehicles €360 ($416) more expensive on average than a few months ago. “Fewer used cars on the market and lower rebates from manufactures have caused the prices of the 30 top-selling cars as well as those for electric and hybrid cars to surge recently,” an auto expert from the Center Automotive Research (CAR) in Duisburg, Ferdinand Dudenhöffer, told DW. Higher showroom prices, however, were mainly the result of exploding costs in the auto industry, he added, as …

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