Monday, January 2, 2017

The market self began to recover in 2016 – The Tribune.fr

The market is a French car was found in good health in 2016 by exceeding the symbolic threshold of two million vehicles registered, for the first time since 2011, with a strong bond of the Renault group, according to statistics published Sunday.

The increase in deliveries of new passenger cars was established last year at 5.1%, which is 2.015 million units, said the Committee of French manufacturers of automobiles (CCFA) said in a statement.

The automotive market had not reached the two million registrations since 2011. It was at the time supported by a scrapping premium, which was introduced in 2009 to combat the effects of the 2008 crisis, inflating artificially the demand.The level of 2 million is considered the threshold of “normal” of annual registrations in the French market in good health.

The group Renault saw its registrations of passenger cars to grow by 8% to 518.469 units, thanks to his trademark “low-cost” Dacia, whose deliveries rose by 13.4% last year. With the utilities, the increase was 7.3%.

The rival French company renault, the PSA group, remained stable in the last year for the delivery of its passenger cars (0%) to 558.976. With the utilities, the group increased by 1.4%. PSA is currently experiencing a low business due to the renewal of featured products (Peugeot 3008 and 5008, Citroen C3) and a DS range at the end of a career.

There remains, however, the first French group in France, with 27.7% of registrations last year, followed by Renault to 25,73% of the market share for passenger cars.

AFP

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