Sales of new vehicles in France reported 15-year
worst drop shrinking to 13.9 percent due to uncertain economic
growth and weakening purchasing power that kept consumers on edge,
French car sales federation (CCFA) said on Wednesday.
In 2012, car sales stood at 1,898 million units compared to 2,204
million vehicles a year earlier, the federation said in its monthly
report.
French car manufacturers ended 2012 on negative note with sales
falling by 19.4 percent with Renault, France's second-largest
manufacturer posting a 22.1-percent decline in sales. Peugeot Citroen
also reported a heavy loss of 17.5 percent.
Following a limp global economy, non-French brands lured less clients
with their sales reportedly decreasing 5.7 percent to 900,851 units
last year.
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