56721
France Car Sales Rise 5.8% in December
France Car Sales Rise 5.8% in December

France Car Sales Rise 5.8% in December

France Car Sales Rise 5.8% in December

French car sales rose 5.8% in December, according to industry data published on December 1, closing a second consecutive year of strong growth in Europe’s third-biggest auto market. Registrations rose to 194,388 cars last month from 183,720 a year earlier, the French Auto Manufacturers Association said. The full-year total topped 2 million, a 5.1% increase from 2015, Reuters reported. Renault gained on competitors in its domestic market last year, with an 8% sales increase led by its no-frills Dacia brand. Rival PSA, maker of Peugeot, Citroen and DS cars, lost market share as sales stagnated. In December, both French carmakers underperformed the market expansion, with Renault registrations increasing a modest 0.6% and PSA down 3.5%. The French auto market, which ranks behind Germany and Britain by volume, has been in recovery since 2015, when car sales rose 6.8%. That followed four straight years of decline and an almost flat 2014. Delivery van registrations rose 3.2% in December and 8.1% over the year, the CCFA also said. Light vehicle sales, which combine vans and cars, rose 5.6% in 2016.

 

Short URL : https://goo.gl/6TDg54
  1. https://goo.gl/u2xt5d
  • https://goo.gl/n313jH
  • https://goo.gl/flAUNr
  • https://goo.gl/zNxdSd
  • https://goo.gl/HQAZev

You can also read ...

Stadler Rail’s business with Iran is worth billions of Swiss francs.
In early March, the Swiss Embassy in Tehran gladly announced a...
Iran to Increase Exports to US Despite Sanctions
A senior Iranian trade official has announced that the country...
Gov’t Limits  Forex Supply  to Importers
The government has curbed the allocation of foreign currency...
Grab Clinches Deal With HSBC
Ride-hailing startup Grab has secured a $370 million five-year...
Trends in Housing Sales, Rents
The Statistical Center of Iran has presented crucial data...
Iran Proposes to Set Up IMO Offices in West Asia
The Ports and Maritime Organization of Iran has announced its...
Audi CEO Arrested Over Diesel Scandal
Audi CEO Rupert Stadler was arrested in Munich on Monday in...
Over 2.55 billion shares worth $169.2 million were traded at TSE on June 18.
Tehran stocks showed no signs of backing down on their rally,...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus