The automotive market is in good shape in France and the registration figures confirm it. The augmented data expert AAA DATA recorded 178,981 registrations in July, which is more than in July 2019 which had 172,225 registrations. This 4% increase can be explained “by the incentive measures initiated since the deconfinement”, specifies the expert’s press release. In fact, the government granted 200,000 conversion bonuses until the end of July and a new system came into force on August 3.
“Since the beginning of the year, 894,779 registrations have been made” further specifies AAA DATA, against 1,338,667 last year. Individuals are the main buyers of vehicles, at a higher level before the crisis. Three French brands are the most popular: Renault, Peugeot and Citroën. Toyota and Dacia follow them closely. In detail, Renault recorded 33,482 new registrations in July, nearly 10,000 more than in July 2019 (+ 41%). Peugeot has registered 32,737 new vehicles, an increase of 6% compared to last year (30,807 registrations), but it loses one place in the ranking. Citroën, finally, recorded 15,835 sales, a decrease of 20% compared to last year.
>> To read also – Record losses for Renault
Tesla is doing well
Foreign brands are making a significant impact on the market, notably Toyota, Kia and Hyndai which are gaining market share and placing 5th, 9th and 10th places in the ranking. In detail, Toyota registered 10,959 cars, an increase of 15%, Kia registered 5,054 registrations (+ 31%) and finally Hyundai sold 4,426 vehicles, or + 20%. Note, the good posture of Tesla, which is “one of the only brands to experience an increase in its registrations with 4,158 models registered since January, ie + 1.76% compared to the same period last year “says AAA DATA. Porsche records
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