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The French automobile could take ten years to digest the crisis

2020-06-09T08:29:56.821Z


According to a study, the Covid-19 will cause the sale of 19 million vehicles worldwide to be lost in 2020.The automobile in France should not resume colors before ... 2030, according to the consultants of the firm AlixPartners. After a peak in sales of 2.7 million vehicles in 2019, they will drop to 1.8 million in 2020. In 2022, they will return to their 2016 level, i.e. 2.4 million units sold. The return to growth was not expected before 2030. The market " should not be growing despite the continued ...


The automobile in France should not resume colors before ... 2030, according to the consultants of the firm AlixPartners. After a peak in sales of 2.7 million vehicles in 2019, they will drop to 1.8 million in 2020. In 2022, they will return to their 2016 level, i.e. 2.4 million units sold. The return to growth was not expected before 2030. The market " should not be growing despite the continued launch of new vehicles, " said Laurent Petizon, associate director of AlixPartners.

Read also: Implementation of aid for the purchase of clean vehicles

France will not rise at the same rate as Europe, whose sales are expected to grow by 7.7% per year from 2020 to 2025. According to AlixPartners forecasts, the market will be supported by sales of SUVs - mostly electrified - which in 2030 should represent 43% of the market, compared to 21% in 2015. Another effect of the Covid-19 crisis, the production volume in France will plunge to 1.5 million units ( 2.2 million in 2019) and stabilize at 1.8

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Source: lefigaro

All business articles on 2020-06-09

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