France Autos Report Q1 2015

Business Monitor International
December 17, 2014
53 Pages - SKU: BMI5416309
Countries covered: France

France Autos Report Q1 2015

BMI View: We forecast a 1% drop in 2014 vehicle sales due to expected weakness in both the passengercar and commercial vehicle segments.

The positive developments seen in France's passenger car and commercial vehicle segments will notcontinue over the rest of 2014 with sales growth worsening in 2015. Deteriorating private consumption andfalling business investment will drag on both the passenger car and commercial vehicle segments.

We believe that recent growth seen in both the passenger car and light commercial vehicle (LCV) segmentswill not continue due to the continued stagnation of the French economy. Passenger car sales will be limitedby weak household consumption made worse by increasing unemployment. Demand for commercialvehicles will be weighed down as business investment continues to decline; with heavy trucks experiencingthe hardest falls owing to deteriorating sentiment in the construction and retail sector.



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