Boston, MA -- (SBWIRE) -- 04/11/2014 -- In 2013, vehicle sales in France declined 5.4% on the back of a 5.7% fall in the passenger car segment and 3.9% fall in the CV segment. In 2014, we forecast a 2.2% increase in vehicle sales. This comes from a 2% forecasted uptick in the passenger car segment, and 3.2% increase in commercial vehicle (CV) sales.
BMI believes rising unemployment, low consumer confidence and stagnant real wage growth have kept private consumption in the country subdued throughout 2013 and this has hit the car segment over the year to date. Passenger car sales resurged somewhat in the final months of 2013 despite this bearish outlook, on the back of low base effects and pent-up demand in the market, and this uptick is not a sign of a return in consumer confidence.
View Full Report Details and Table of Contents
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Transportation research reports at Fast Market Research
You may also be interested in these related reports:
- Argentina Autos Report Q2 2014
- Vietnam Autos Report Q2 2014
- Thailand Autos Report Q2 2014
- China Autos Report Q2 2014
- Russia Autos Report Q2 2014
- Algeria Autos Report Q2 2014
- Morocco Autos Report Q2 2014
- Italy Autos Report Q2 2014
- Indonesia Autos Report Q2 2014
- Malaysia Autos Report Q2 2014