Tuesday, November 1, 2016

The market is a French car slows sharply in October – Ouest-France

After falling 2.5% in September, registrations of new cars in France declined 4 % in October, in gross terms, compared with the same month of 2015 was announced this Tuesday by the Committee of French manufacturers of automobiles (CCFA).

It is registered 155 202 in new passenger cars last month, which included one less day than October 2015. In ten months, the increase in the automotive market French is 4.7 % in raw data, with 1 657 652 registrations, says the CCFA.

The agency maintains its forecast of growth ” in the +5 % “ to the market, French car in 2016, the year in which France will again cross the bar of the two million registered cars, said on BFM Business François Roudier, director of communications for the CCFA.

” It was sales that are in general pretty bad in October. It was also a ‘new model’ that has played full-on commands “, he commented. “ You can see that it has a air hole between the old models and the new. “

The French builders in trouble

The registrations of the Renault group declined 9.2 %, with a decline of 12.2% for the Renault brand but a rise of 3.7 % for the brand’s low-cost Dacia.

Those in the PSA group, displayed a decrease of 5.8 %, with a decline of 4.2 % for the brand Peugeot, 5.6% for the Citroën brand and 26 % for the brand DS.

Overall, registrations of French manufacturers declined 7.3 %, while those of foreign groups are quasi-stable (-0,2 %). Nissan, partner of Renault, has posted a decline of 18 %.

The diesel speed loss

The diesel continues to lose speed. Its market share fell to 52,33 % over the 10 months from January to October, while she was 57,76 % on the corresponding period of 2015, according to figures from the society of data DataNeo.

at the same time, the share of gasoline vehicles increased from 38,16 % on the first 10 months of 2015 to 43,74 % over the period from January to October 2016.

In Exchange, Renault’s shares lost 1.58 per cent in mid-afternoon after the halt of sales of the group in the last month. The title of the PSA has erased its gains from the morning and give up 0.29 per cent while doing better than the market (-0,46 % for the CAC 40 index ) and the european automotive (-0,66 % for the sector index Stoxx ).


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