car sales decline in france
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Peugeot group struggles

Car sales decline in France

Arab Today, arab today

Arab Today, arab today Car sales decline in France

Peugeot's factory in France
Paris - Arab Today

Peugeot's factory in France Paris - Arab Today The market for new cars in France plunged by 11.3 percent in the first six months of the year, hitting the struggling Peugeot group particularly hard, trade data showed on Monday. But French auto manufacturers grouped in the CCFA trade body said they expected sales to improve by the end of the year to show an annual fall of 8.0 percent. The president of the CCFA, Patrick Blain, told a press conference: "We think that we are approaching the bottom." He said: "Our indicators lead us to confirm this forecast of a fall of 8.0 percent (for the year)." Orders placed in June had steadied, he said. However, the slump of the market for cars sold continued in June, when sales overall fell by 9.0 percent on a 12-month comparison, unadjusted for seasonal factors. In June, French and foreign manufacturers sold a total of 190,199 cars. Sales by French group PSA Peugeot Citroen fell by 9.5 percent in the month and by rival French group Renault/Dacia by 3.6 percent. Sales by German giant Volkswagen and by BMW, General Motors of the United States, Nissan which is a subsidiary of Renault, and by South Korean firm Hyundai fell by more than 10 percent in the month. In the first half of the year the overall French market shrank by 11.3 percent to 930,320 vehicles with French manufacturers doing worse than foreign brands. Sales by PSA Peugeot Citroen were particularly hit, falling 14.3 percent. PSA is undergoing deep restructuring and last week was the subject of a report, later denied, that it might fall under the control of its partner General Motors. Sales by Renault fell by 8.1 percent in the six months.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

car sales decline in france car sales decline in france

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

car sales decline in france car sales decline in france

 



GMT 23:24 2017 Tuesday ,24 January

Mofida Shiha prefers social TV programs to politics

GMT 21:23 2017 Sunday ,13 August

Fierce clashes between Daesh, SDF in Raqqah

GMT 19:31 2017 Monday ,16 October

Azhar Imam, Mufti to inaugurate international Fatwa

GMT 18:33 2017 Tuesday ,28 March

S. Korea Preparing for N. Korean ICBM Launch

GMT 23:39 2017 Tuesday ,19 September

Iran recruits Afghans, Pakistanis to fight in Syria

GMT 03:51 2017 Saturday ,11 November

'Lazarus' Daly says recovery no miracle

GMT 13:30 2017 Friday ,17 February

Four killed in Kashmir Gun battle

GMT 18:51 2017 Friday ,17 November

FIA WEC Bapco 6 Hours of Bahrain weekend starts
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday