Slowdown Fears Begin To Take Shape

Cumulative new passenger car sales in France just about managed to remain in positive growth territory during the first ten months of 2011, growing 0.4% on a year-on-year (y-o-y) basis to 1.84mn units. BMI attributes the growth to the early gains made in the beginning of the year when consumers took delivery of vehicles ordered under the 2010 vehicle scrappage scheme.

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