French Market Downturn

Russell Hall

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The French car market fell from 2.21 million vehicles sold in 2019 to 1.65 million in 2020. There was a hope that things had picked up in 2021 with sales up 16% in the first seven months of the year but sales slumped 35% in July. The CCFA-PFA attributes the fall to a shortage of semi-conductor chips and a new wave of covid impacting the workforce. The view is now that a hoped for sales total of 1.8 million is unlikely to be reached.
 
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