French Market Sept 2020.

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Russell Hall

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Despite the rebound of the virus the French car market has recorded a good sales figure of over 168,000 cars in September, down only 3.5% on last year. Overall the French market for the year to date is 29% down on last year.
PSA is down 4.3% in September. Peugeot was up 6.7% but Citroen was down by 10%, DS by 25% and Opel by 32%.
The Renault group was down by 5.8%. Renault were down 16% but Dacia were up 35%.
Of the cars registered in September 49% were petrol, 31% diesel, 13% hybrid and 6% battery electric.
 
Russell Hall said:
Despite the rebound of the virus the French car market has recorded a good sales figure of over 168,000 cars in September, down only 3.5% on last year. Overall the French market for the year to date is 29% down on last year.
PSA is down 4.3% in September. Peugeot was up 6.7% but Citroen was down by 10%, DS by 25% and Opel by 32%.
The Renault group was down by 5.8%. Renault were down 16% but Dacia were up 35%.
Of the cars registered in September 49% were petrol, 31% diesel, 13% hybrid and 6% battery electric.
Click to expand...
Surprised that petrol powered beat Diesel - perhaps todays Brent crude price helps the process.

13/10/2020 $41.60Down 2.9% on the dayDown 31% on last year

Ken
 
The virus is affecting France again quite badly with reports of 17,000 new cases on October 3 but no mention of car plant closures or reduced production. The Paris International Agricultural Show scheduled for early next year has been cancelled.
Despite plant closures and reduced production of 30% Peugeot recorded a profit of 595 million euro for the first six months of the year. The merger with the FIAT group is proceeding.
 
Kenfuego said:
Surprised that petrol powered beat Diesel - perhaps todays Brent crude price helps the process.

13/10/2020 $41.60Down 2.9% on the dayDown 31% on last year

Ken
Click to expand...
Is diesel not 'on the nose' in a lot of European cities these days, as it should be?
 
Individual EU states had purchase subsidies for full electrics and scrappage subsidies for older cars that included diesels. The figures would indicate the diesel is still popular in France but no longer the main choice.
 
Renault has 2 billion euro in cost cutting announced. An eight year plan to turn the company around is due for release January.
 
October update. The French market has fallen 9.5% and analysts are predicting a tough finish to the year.
Renault sales are down 9.46%, largely from a fall in Dacia sales of over 23%.
PSA is down 2.78% with Opel and Peugeot performing solidly but Citroen down.
Foreign makes fared worse with Toyota down over 30%.
Best selling models in order are Peugeot 208, Renault Clio and Peugeot 2008.
Sales of electric /hybrids are nearly one in five.
 
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