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Automotive: the market remains sluggish in France

2021-08-01T20:26:47.687Z

After a month of June already in sharp decline, July accentuated the trend with a decline of 35.4% over one year.



The rebound in the French automotive market is not yet here.

In July, the country recorded 115,713 new car registrations, up from 178,980 a year earlier.

After a month of June already in sharp decline, July thus accentuates the trend with a decline of 35.4% over one year.

The fall is 32.8% compared to the pre-crisis level in 2019.

Read also:

Renault is reaping the first fruits of its recovery plan

This sharp decline is explained both by the disappointing volume of orders in the first quarter of 2021, delivery delays linked to the persistent shortage of semiconductors, as well as a high basis of comparison in July 2020, which marked a catching-up. after the release of the first confinement.

Regulatory changes, such as the announced end of heat engines, also affect consumer behavior.

Despite the drop in bonuses granted for the purchase of electrified models (from 2,000 to


1,000 euros on July 1), this type of engine has continued to gain ground in recent months.

They represented almost one in three sales in the first half, against 18% in 2020. Among the purely electric models, the Tesla Model 3 remained in July the best-selling car in France, for the fifth consecutive month, in front of the little Renault Zoé.

Read also:

Renault: how the manufacturer wants to bounce back after a black year

Faced with uncertainty over supplies of electronic components and a fragile health situation, the Committee of French Automobile Manufacturers (CCFA), which forecast a 9% to 10% rebound in the market in 2021, will review its estimate in September.

The manufacturer Renault warned Friday that the shortage of chips should cause it to lose the production of 200,000 cars worldwide in 2021.

Last year, new car registrations in France fell to 1.65 million, against 2.21 million in 2019. “

We think it may be difficult to reach 1.8 million sales this year,

”a CCFA spokesperson explained.

Source: lefigaro

All news articles on 2021-08-01

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