French car sales up in December, flat for 2004

3rd January 2005, Comments 0 comments

PARIS, Jan 3 (AFP) - French car sales rose by 7.1 percent in December from the figure for December 2003, but showed only a small increase of 0.2 percent in the whole of 2004 on an unadjusted basis, the French car manufacturers' association CCFA reported on Monday.

PARIS, Jan 3 (AFP) - French car sales rose by 7.1 percent in December from the figure for December 2003, but showed only a small increase of 0.2 percent in the whole of 2004 on an unadjusted basis, the French car manufacturers' association CCFA reported on Monday.  

The total of new cars sold last year was 2,013,712.   When differences in the number of working days in the two years were taken into account, new car sales fell by 1.3 percent last year.  

Overall sales were bolstered by strong sales towards the end of the year.  

The association did not forecast sales for 2005.  

French manufacturers saw their sales fall by 2.3 percent in 2004 and ended the year with 58.1 percent of the market from 59.6 percent in 2003.  

PSA Peugeot Citroen increased sales in December by 12.9 percent but its sales for the whole of the year fell by 4.7 percent. Its share of the market fell by 1.6 points to 30.8 percent.  

Renault saw its sales fall by 0.6 percent in December but rise by 0.6 percent in the year. Its market share was steady at 27.3 percent from 27.2 percent in 2003.  

Foreign manufacturers increased their sales by 3.9 percent in 2004, taking their overall market share to 41.9 percent. Of the foreign manufacturers, only Fiat, General Motors Europe and Nissan lost ground.

© AFP

Subject: French News

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