France: rise in new car registrations – Le Point

The new car registrations in France have made a dramatic rebound in June with an increase of 15%, however, helped by two extra working days compared with the same period of 2014, according to figures released Wednesday. In a month that saw 225,645 passenger cars put on the roads of the Hexagon, PSA Peugeot Citroën has done better than the average, rising 16.4%, while its French rival, Renault, was content to 8.5%, said the French Automobile Manufacturers’ Committee (CCFA) in its monthly delivery statistics. The strong growth recorded last month clears the 4% decline in May, which was due to bridges, synonyms two working days less.

The long-term trend appears robust, since the increase in registrations since the beginning of the year amounted to 6.1%, said the CCFA. The president of the professional organization, Patrick Blain, however, refused Wednesday to trace its forecast, citing “a bit too macro risks (economic) right now, particularly in Greece.” “There apparently has something up a little prediction. We do not do it today, “said Patrick Blain told a news conference. In June, French manufacturers remained prophets in their country, holding 59.35% of the market.

But in six months even if they monopolize the top ten places in the ranking of models sold, they saw their positions crumble, as PSA and Renault registrations rose only 3.5%, while those of foreign companies rose by 9.6%. Also in the first half, and discussion of background concerning the toxicity of emissions, diesel vehicles have confirmed their decline, representing 58.7% of new car sales against 65.2% in the same period of the last year. Although volumes are still extremely low, electric passenger cars were on their side saw their registrations doubled in the same time. During the first half of 2015, 8,032 new electric cars (0.8% market share) were put on the roads of France, against 4306 (0.4%) during the same period of 2014. Patrick Blain also set the emphasis on the increase in registrations of hybrid (gasoline-electric), representing 2.9% of the market in the first half 2015 against 2.2% a year earlier.