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According to relevant data, all vehicle sales in France fell by nearly 20% in November compared to the same period of last year, and the French automobile market fell into the worst situation since 1997.
I. CCFA: The worst year since 1997 According to the latest CCFA data, France’s sales of all vehicles in November fell by 19.6% year-on-year, and light vehicle sales slipped by 19.2% year-on-year. Accumulated sales in the first 11 months, all car sales fell 13.1% year-on-year, while light vehicles fell 13.8%.
CCFA predicts that the final sales volume of the French automobile market this year will be 13% lower than the year-on-year rate of 2011 to 15%, probably around 14%. Previously, the agency estimated that sales in 2012 fell by 12% year-on-year.
Patrick Blain, chairman of CCFA, told the media: “The result of this may have been that the total sales volume of the French car market (light car) in 2012 was less than 1.9 million vehicles, only to be found before 1997. Worse year."
At present, due to the sovereign debt crisis in the Eurozone, the governments of European countries have adopted more stringent emission measures, and the European auto market continues to decline, reaching the largest drop in 19 years.
In November of this year, the total sales volume of French automobiles, including heavy commercial vehicles, was 175,199 vehicles, compared with 218,704 vehicles in the same period of last year, a year-on-year decline of 19.6%. From the perspective of more commonly used light vehicle sales, France’s sales in November were 144,694 vehicles, compared with 179,038 vehicles in the same period of last year, a decrease of 19.2% year-on-year. Heavy commercial vehicles fell 39.6% year-on-year from 39,666 vehicles to 31,228 vehicles.
From January to November, the total sales volume of French automobiles was 2,091,971 units, which was 2,406,441 units in the same period of last year, which fell 13.1% year-on-year. The total sales of light vehicles totaled 1,738,538 units, compared with 2,016,412 units in the same period of last year, which represented a decrease of 13.8% year-on-year. This is the basis for Brian's forecast that the auto market sales will be less than 1.9 million units this year.
Second, the sales of light vehicles by French car companies are as follows:
The sales volume of local car companies in November was 72,569 units, which was 28.0% lower than the 100,758 units sold in the same period of last year. The cumulative sales in the first 11 months were 925,286 units, which was 1,147,020 units in the same period of last year, a year-on-year decrease of 19.3%.
The number of cars sold by Peugeot Citroën in November was 41,044 vehicles, down 22.9% from 53,236 vehicles in the same period of last year. Accumulated sales in the first 11 months were 529,618 units, which was 643,535 units in the same period of last year, down 17.7% year-on-year.
The second-largest car company, Renault, sold 31,402 units in November, down 33.5% year-on-year to 47,237 units in the same period last year. Accumulated sales for the first eleven months were 393,747 units, compared with 502,972 units in the same period of last year, down 21.7% year-on-year.
In other countries, the sales volume of automobile enterprises in November was 72,125 units, which accounted for a market share that was close to that of local automakers in France, which was a decrease of 7.9% from 78,280 units in the same period of last year. Accumulated sales in the first 11 months were 813,252 units, which was 869,392 units in the same period of last year, down by 6.5% year-on-year. %.
Among all vehicle manufacturers, Nissan recorded a 29.4% year-on-year drop in November, while General Motors and Ford fell 25.8% and 21.4% respectively.
German luxury cars have maintained growth. Volkswagen’s Audi grew by 1% in November, while BMW and Mercedes rose by 4.2% and 18.5% respectively.
The largest increase was from Hyundai, which was a 20.5% increase year-on-year.