French carmakers hit again as sales dive
AFP · 3 Dec 2012, 10:23
Published: 03 Dec 2012 10:23 GMT+01:00
- Renault seeks support for Chinese car plant (27 Nov 12)
- Car sales plummet - French brands worst hit (02 Nov 12)
- Six year gloom forecast for Europe automakers (10 Oct 12)
The CCFA said on Monday it expected French new car sales to be down by about 14 percent for 2012 as a whole.
In November, a total of 144,694 new cars were registered in France, the association said in a statement.
French car makers were among those that suffered the biggest drops, with sales by PSA Peugeot Citroen, the second-biggest European auto manufacturer, down by 22.9 percent, and those by the Renault group posting a plunge of 33.5 percent.
Foreign brands fared somewhat better, with a only a 7.9 percent decline overall.
South Korea's Hundayai-Kia posted a 20.5-percent gain in sales, followed by Daimler, which owns Mercedes-Benz and Smart, with a 13.8 percent increase.