Wednesday , September 28 2022

Automobile market: sales of French companies drop by 8.4% in one month



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The French automotive industry is experiencing a period of weak cow for several weeks. According to data published by the Committee of French Automobile Manufacturers, sales in June would have led to 252,216 cars, and 231,000 sold vehicles were registered last month.

French carmakers are down

From the beginning of the year, the sales dynamics of French passenger cars began to decline by 1.83% for the first half of 2019.

According to the latest data released by the CCFA, June performances will be remarkable because there has been a shift of nearly 20,000 cars sold.

On the distribution side, the commission announces a similar sales rate for PSA and Renault.

For Peugeot, Citroën, DS and Opel, the market was weaker than 11.3%, while the Dacia and Alpine groups declined by 11.7%.

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The Germans and the Japanese are fleeing

Loss of speed is limited to French manufacturers (except for Fiat and Nissan) according to CCFA's analyzes because in Europe Wolkswagen has significantly increased its customer base and is the same for other companies like Toyota, Mercedes or Ford. ,

Indeed, the grass looks green in competition with the sparkling Wolkswagen, which advanced by 4.9% and Audi with more than 17%. For Toyota, June was graceful with 6.1% growth, while the Mercedes and Smart groups signed 7.2%.

Source: (https://www.bfmtv.com/economics/the-automobile-market-from-registers-a-down-of-84percent-in-June-1723062.html#xtor=AL-68)

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