The French automotive market ends its worst quarter for forty years

Posted Apr 1, 2022, 7:24 AMUpdated on Apr 1, 2022, 5:35 PM

After two years undermined by the Covid pandemic and shortages of semiconductors, professionals were convinced that the French automotive market would rebound in 2022. The catastrophic first quarter figures make this scenario increasingly hypothetical.

According to statistics published this Friday by the Automotive Platform (PFA), new car registrations plunged by 19.53% in March compared to the same period of 2021. This decline is in addition to those recorded in January (-18 .6%) and in February (-13%), bringing the number of consecutive months of decline to 10.

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