BMW, Stellantis See Europe Demand Slowing as Inflation Bites
- Manufacturers warn that economic headwinds are building
- Automakers have long benefited from higher car prices
A range of BMW luxury automobiles in the BMW Welt automobile showroom in Munich.
Photographer: Andreas Gebert/BloombergThis article is for subscribers only.
Europe’s inflation crisis is beginning to catch up with automakers.
Stellantis NV on Thursday said consumers in Europe are slightly dialing back car purchases, joining Germany’s BMW AG in warning the region is on the backfoot due to surging costs for anything from energy to lending.