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France car sales down 12% as Ford take the brunt

Month two of 2013 down and car sales continue their downward spiral as the French automobile association, CCFA, announced a 12% drop in sales (-7.7% when adjusted for sales days) and considering February 2012 was also down 20% it underlines how bad things are getting with 15 straight months of decline. Whilst 2012 was dominated by falls in the domestic brands so far they are taking a bit of a back seat, with PSA only down 16% and Renault (-11%) and it was Ford who led the way with sales down 33%.

Meanwhile Hyundai-Kia saw a 5% growth in sales with Hyundai in particular up 24% and Toyota continued to recover from the 2011 tsunami as sales also rose (+12%).

http://www.reuters.com/article/2013/03/01/europe-carsales-france-idUSL6N0BT3AM20130301