Peugeot, after sinking to an all-time home low in 2012, comes out fighting

FRANCE
Life seen in French car market
Peugeot, after sinking to an all-time home low in 2012, comes out fighting
Published: Wed, 09 April 2014 14:04:02 GMT
Tweet

France’s new car market, which looks like a mere shadow of its former self after suffering four successive years of plummeting home sales, shows the first faint signs of a green shoot recovery

Cumulative car sales figures for this year’s opening two months, while still trailing last year’s corresponding sales levels by less than one per cent, have probably triggered a great sigh of relief from deeply anxious French carmakers and importers alike.

Though too much significance cannot be read into this year’s two months figures, today’s consensus view is that finally the worst is over and that from now on the market will make a steady recovery.

-0.5%
February's car sales slide compared to the same period last year

And in so doing, France is now widely tipped to follow the encouraging rebound in car sales already witnessed across most of continental Europe during the opening two months of this year.

In spite of a minor setback this February, when car sales eased back 1.4 per cent on the heels of a tiny 0.5 per cent gain only the month before, France’s badly battered car market, after terrifying its domestic champions Peugeot-Citroën and Renault during the past half decade, now appears set to make a gradual return to a semblance of near enough normal health...more

MORE LIKE THIS:

> Audi, after run-away profit surge, takes pause for breath 13 Mar 2014

> Mercedes starts new year with a bang 14 Feb 2014

> Daimler’s Zetsche, at long last, comes up trumps 07 Feb 2014

DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:

FRANCE new CAR sales:

by manufacturer and marque
FEBRUARY 2014 v FEBRUARY 2013
2-MONTHS 2014 v 2-MONTHS 2013

by TOP SELLING MODEL
2-MONTHS 2014 v 2-MONTHS 2013

To continue reading this article, please register for a free sample without obligation...

Please note that eagleAID.com is a subscriber-only site, and as such it can only be viewed by subscribers to the newsletter.

-0.5% February's car sales slide compared to the same period last year

-0.5%
February's car sales slide compared to the same period last year