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Automotive Report France 2nd Quarter

  • ID: 2131055
  • Report
  • May 2019
  • Region: France
  • 13 Pages
  • The Economist Intelligence Unit
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France is the third-largest car market in the EU, behind Germany and the UK. It is also the EU's third-largest vehicle producer, behind Germany and Spain. Vehicle output increased in 2014-18, but the 2018 total, at 2.3m units, was still 25% lower than pre-2008 levels. Worldwide, French companies produce 7.8m vehicles. According to government figures, car manufacturing contributes 224,000 jobs, or 7% of all industrial jobs.

Domestic vehicle output has risen owing to higher European demand rather than investment in production capacity. PSA's Sochaux plant has been largely responsible for production gains in recent years. Another domestic producer, Renault, which has an alliance with Nissan and Mitsubishi (both of Japan), has focused on expanding production capacity outside France, particularly in Asia. Neither company exports to the US so can shrug off US threats to raise import tariffs. However, both would be affected if the UK exits the EU without a trade deal, particularly PSA, which owns the UK's Vauxhall.

French registrations of new cars and commercial vehicles (CVs) have risen strongly since 2015, rising by 7.4% to reach 2.7m units in 2018 and nearly matching the all-time high seen in 2009. Sales growth during 2018 was volatile, however, owing to the introduction of Worldwide Harmonised Light Vehicles Test Procedure (WLTP) in September and violent street protests against fuel tax increases late in the year.

Industry List: Automotive, Automotive, Commercial and other vehicles, Automotive, Fuel sources, Automotive, Passenger vehicles, Automotive, Production
Industry Codes (NAIC): 336
Industry Codes (SIC): 37
Note: Product cover images may vary from those shown
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Automotive Report France 2nd Quarter

Automotive report: Overview

Automotive report: Passenger cars

Automotive report: Commercial and other vehicles

Automotive report: Production

Automotive report: Fuel sources
Note: Product cover images may vary from those shown
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