Homepage |
首页 新闻动态 法律服务 数据服务 项目服务 投资环境 投资服务机构 经济开发区
Macro-Economy | Business Economy | Industrial Economy | Regional Economy

Home >News >Full article
Search
French automakers' sales halve in May due to coronavirus lockdown
2020/6/8 15:42:44 Source:Xinhua

PARIS, June 1 (Xinhua) -- Sales of French car manufacturers halved in May due to the coronavirus lockdown, official data showed on Monday.

In May, new car sales declined by 50.34 percent to 96,310 units, compared with the same period in 2019, the Committee of French Automobile Manufacturers (CCFA) said in a monthly report.

Sales of French brands tumbled by 53.62 percent during the period. The country's leading auto maker PSA, which makes the Peugeot and Citroen brands, offered 28,552 units, down by 56.07 percent compared to last year's performance.

Renault reported the same negative trend. It saw sales declining by 50.39 percent, with that of low-cost brand of Dacia reporting a 51.15-percent loss.

Meanwhile, sales of foreign car brands suffered a 45.63 percent drop, the CCFA figures showed.

France entered a nationwide lockdown to contain the spread of novel coronavirus on March 17. Under the confinement, all non-essential businesses have been closed, triggering the country's worst post-war economic crisis and forcing companies to ask the state's help to avoid massive lay-offs and bankruptcy.

On May 26, French President Emmanuel Macron unveiled an eight-billion-euro (8.89-billion-U.S. dollar) rescue plan to help the recovery of the domestic auto industry. Enditem (1 euro = 1.11 U.S. dollars)

Print Collection Close
 Related News More>>
 Site Map | About Us | Services | Links | Statement

Ministry of Commerce of the People's Republic of China Department of Foreign Investment Administration

Operated by Investment Promotion Agency of MOFCOM

Tel:  (86-10) 64404554

Copyright by Invest in China

Fax: (86-10) 64515317

ICP Record No.: Beijing ICP 06041048-4 E-mail: service@fdi.gov.cn