>The reason for the reversal is purely economic: The company buys company cars directly and later resells them as used cars. Unlike most companies, Schwarz does not rely on leasing. That is precisely what is now becoming a problem.
>This is because electric cars are losing value dramatically on the German used-car market. Demand for used electric cars remains weak.
>The reason for the reversal is purely economic: The company buys company cars directly and later resells them as used cars. Unlike most companies, Schwarz does not rely on leasing. That is precisely what is now becoming a problem.
>This is because electric cars are losing value dramatically on the German used-car market. Demand for used electric cars remains weak.