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French car market buoyant
French car brands still on top in market share, but foreign brands are catching up
The market for cars, especially new models, is strong. Market growth was over 3% over the past 6 months, with 1.13 million new cars registered. 240,000 new cars were registered in June, an increase of 1.6% over last year, according to the French Automobile Manufacturers' Committee (CCFA).
Renault still accounts for just over a quarter of the market, despite a small drop in June, while the PSA group, which manufactures Peugeot and Citroën cars, accounts for another quarter market share. In 2016, Renault, Peugeot and Citroën together took 54% of the market share with 1,078,433 sales, while foreign brands increased 6.8% to 936,753 sales.
German manufacturer Volkswagen trails behind the French brands, taking 11% of the market share, with Dacia, Ford and Toyota also taking a significant share each.
Just over half of cars sold have diesel engines. Electric cars had a 1,08% share of the new car market in France in 2016.
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