More French sniffing that new car smell

2nd September 2005, Comments 0 comments

PARIS, Sept 1 (AFP) - French new car registrations rose 7.1 percent in August from the same month last year to 113,900, bouncing back from a 5.1 percent decline in July, the CCFA constructors' association said Thursday.

PARIS, Sept 1 (AFP) - French new car registrations rose 7.1 percent in August from the same month last year to 113,900, bouncing back from a 5.1 percent decline in July, the CCFA constructors' association said Thursday.

"Although sales volumes are relatively modest, the automobile market remained positive during the month of August, compensating the fall seen in July," the CCFA said.

Over the first eight months of this year, registrations were up 4.4 percent year-on-year on a seasonally adjusted basis.

August registrations for Renault, which include the Logan economy car built by the company's Romanian unit Dacia, edged up 1.2 percent, but registrations of Renault models alone fell 4.4 percent.

The market share for the Renault group fell 1.5 percent to 22.5 percent.

Peugeot registrations gained 2.1 percent in August, but its market share also declined by 1.5 percent to 28.2 percent.

Sales of foreign brands jumped by 17.7 percent overall, and their market share totaled 50.5 percent compared with 46.2 percent in August last year.

Volkswagen, the largest auto importer into France, saw registrations climb 38.8 percent, BMW registrations were up 26.2 percent, Toyota was up 24.1 percent and Nissan rose 23.5 percent.

DaimlerChrysler registrations gained 10.3 percent, Ford was up 9.1 percent and Hyundai rose 1.7 percent, while General Motors dropped 21.1 percent and Fiat was down 19.4 percent.

Copyright AFP

Subject: French news, car sales, Logan, car registrations, CCFA

0 Comments To This Article