Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / France

Tough Times Ahead For French Carmakers

January 2012 | Industry Trend Analysis

An 18% year-on-year (y-o-y) decline in new car sales in France during December 2011 bodes ill for domestic carmakers PSA Peugeot Citroen and Renault, both of which ended 2011 as significant underperformers in the European autos markets in terms of vehicle sales and share performance. In 2012, we expect the slowdown in European demand, the companies' excessive reliance on the region and the French government's interference in company strategies to be major dampeners on their market performance.

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