French car sales dropped 7.6 percent in November, led by declines for Fiat and General Motors as for smaller vehicles weakens.
The national CCFA automakers’ association announced 179,160 car registrations in November, compared with 193,913 in November 2010, when deliveries rose ahead of the year-end expiry of a government cash-for-clunkers bonus. “We’re getting back to a typical French market without scrappage incentives,” CCFA spokesman Francois Roudier was quoted as saying by Bloomberg.
The biggest declines were recorded by automakers that depend heavily on sales of smaller cars, he added. Fiat suffered the steepest decline in France, with registrations plunging 24 percent in November for the group and 32 percent for the Fiat brand. General Motors local sales fell 19 percent.
Peugeot, Europe’s second-largest carmaker, posted a 15 percent sales decline on its home market, while local rival Renault reported a 7.2 percent decline in sales. As a result, French automakers’ share of domestic sales declined to 56.9% from 59.5% in the previous-year period. French car registrations were down 0.3 percent for the first 11 months overall. Light vehicle registrations, including cars and light commercial vehicles, fell 4.9 percent in November but gained 2.9 percent for January-November.