Friday, October 18, 2024

Danish car company blames electric cars for messy figures

There are significant mess figures on the bottom line at Via Biler. In fact, it hasn't looked worse since 2008, when you lost a whopping 145 million on the floor.

There isn't much to rave about. Via Biler lost several million kroner on operations last year.

Some of the blame lies with the management of the market for electric cars. In fact, it is stated directly in the financial report.

– This is due to, among other things, the price war on the market for electric cars, which has also affected the rest of the car market, just as the high level of interest rates has also affected the result negatively, it says.

According to Finans, which quotes from the accounts, electric cars are not doing it alone, however. The messy figures on the bottom line also link Via Biler to high interest rates. Something, for example, car loans are plagued by.

READ ALSO: This is how Danish motorists will be faced if Fisker goes bankrupt

Generally speaking, the car industry and the companies around it are in a difficult situation. Several car brands succumb to bankruptcies. Or is on its way there.

Some try to save themselves from bad times. This applies, among other things, to German ZF, which must find several billion euros in savings over the next 6 years. Read more about it here.

At a car brand like Fisker Inc. you also lag behind greatly. The latest development, however, is that the company states that the up to 5,000 stock cars are flying out of stock after significant price reductions. Read more about it here .

Read more news from and the automotive industry here!

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