Friday, 14 May, 2021

French automotive market growth slows to 2.5%


The growth rate of the French automobile market slowed in September, to 2.5%, the Committee of French Automobile Manufacturers (CCFA) announced on Saturday.

The growth rate of the French automobile market slowed in September, to 2.5%, the Committee of French Automobile Manufacturers (CCFA) announced on Saturday.

The increase in registrations of new passenger cars since the start of the year is 5.7%, even higher than the CCFA forecasts for 2016, according to figures released shortly before the opening of the Paris Motor Show. General public.

In a market that absorbed 168,827 units last month, the two French car companies have had very contrasting destinies.

The Renault group saw its registrations increase by 8.2%, especially thanks to the great shape of its Dacia brand (13.5%) even if the cars bearing the diamond attracted 7.1% more buyers than during from the same month of 2015.

It thus exceeds in volumes the competing group PSA, whose registrations fell by 6.8%, burdened by the poor performance of Citro├źn (-13.5%) and DS (-12.2%). The Peugeot brand behaves a little better (-2.4%).

In the first nine months of the year, which saw 1.5 million new cars put on the roads of France, PSA keeps the lead, in quantities sold, ahead of Renault, but the latter is offering growth in its registrations of 9.6%, while its competitor is satisfied with 1.4%.

(With AFP)

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