Two important European auto markets saw mixed results last month, with France’s deliveries dropping 2% on sliding consumer confidence and Spain’s government subsidized sales up 17%.
According to France’s CCFA industry association, the country’s registrations in November were down 2% to 135,070 units. This comes after October’s results, when sales slipped 4%. France is among the countries in Western Europe that has continued to fail behind the frail European auto market recovery – which is at a two-decade low after a massive six-year slump in demand. France’s eleven months tally is just 1% better than the figures recorded in 2013, at 1.63 million vehicles. Local automakers Renault and PSA Peugeot Citroen have each followed the market trend, dropping 5% and 9% respectively – and European leader Volkswagen managed to come back from the early-year slump to post a 3% increase. Affordable brands Skoda and Dacia rose 6% and 2% respectively.
Meanwhile, Spain’s government supported auto industry – they have a very successful ongoing car scrappage scheme – has seen sales rising to 65,122 autos last month, a 17% jump from the same period of 2013. The increase last month comes after a 26% jump in October and is the 15th consecutive month of growth. The Spanish government extended the so-called PIVE scheme for new low-emission cars at the end of the month, according to local car manufacturers’ association Anfac. s
Via Automotive News Europe