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Automotive Report France 1st Quarter Product Image

Automotive Report France 1st Quarter

  • Published: January 2014
  • Region: France
  • 13 Pages
  • The Economist Intelligence Unit

France was the third-largest car market in the EU in 2013, after Germany and the UK and ahead of Italy. The Economist Intelligence Unit expects it to hold this position over the forecast period. The country is also the EU's third-largest vehicle producer, behind Germany and Spain, although output has been falling.

We estimate that real GDP grew by just 0.1% in 2013 and we forecast that France's recovery will remain lacklustre in 2014, with growth of 0.7%. Growth should improve to average 1.6% during 2015-18 on the assumption of a pick-up in both domestic and external demand.

Unemployment increased for the third consecutive year in 2013, reaching an estimated 11.1%. We expect it to fall gradually from 2014, reaching 9.6% by 2018. Combined with a continuing squeeze on real disposable incomes from high taxes, this will weigh on consumer confidence and exert a drag on the recovery of sales of new cars.

Industry List: Automotive, Automotive, Commercial and other vehicles, Automotive, Fuel sources, Automotive, Passenger vehicles
Industry Codes (NAIC): 336
Industry Codes (SIC): 37

Automotive Report France 1st Quarter

Automotive report

Automotive report: Overview

Automotive report: Passenger cars

Automotive report: Commercial and other vehicles

Automotive report: Production

Automotive report: Fuel sources

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