HomeAutomobileAutomotive: the French market will contract by almost 8% in 2022

Automotive: the French market will contract by almost 8% in 2022

Last year, a total of 1,529,035 new passenger cars were put into circulation, compared to 1,659,003 in 2021.

The French automobile market fell 7.83% in 2022. The rebound in recent months has not made it possible to compensate for worldwide delivery difficulties and the shortage of electronic chips, according to figures published this Sunday by the Automotive Platform (PFA). , which represents the manufacturers. and equipment manufacturers.

Last year, a total of 1,529,035 new passenger cars were put into circulation, compared to 1,659,003 in 2021. In 2019, just before the pandemic that was a considerable drag on the sector, 2 had been put up for sale, 2 million vehicles, according to the PFA.

After a disastrous 2020, with dealerships closed and a sluggish economy, the market didn’t pick up the following year. In 2022 it finally fell, despite four months of increases in the second half.

A one-third drop in volume since 2019

“We are structurally in a market that has fallen by a third in volume since 2019, due to a succession of crises,” said François Roudier, head of communication for the PFA.

These crises “add up”, he explained, listing “the problem of the availability of electronic components, the difficulties of delivering vehicles due to a lack of drivers, which have been accentuated by the war in Ukraine, the increase in the cost of overpriced materials”. . and fuel.”

The second-hand car market, which took off in 2021, also fell sharply by 13% with 5.26 million units, according to provisional data from the NGC Data firm published by Argus.

Author: NLC with AFP
Source: BFM TV

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