Key Market Indicators
French vehicle registration is projected to climb to approximately 3.3 million units by 2028, up from around 2.9 million units in 2023. This represents an annual growth rate of 2.1%. Since 2010, the French market has seen a yearly increase of 1.7%. In the global ranking, Canada, China, and Austria hold the second, third, and fourth positions, respectively. Meanwhile, French vehicle production is expected to decline slightly, reaching about 2.1 million units by 2028, down from roughly 2.2 million units in 2023. This marks an average annual decrease of 0.5%. Since 2002, the country's vehicle supply has decreased by 1% each year. In 2023, France was ranked 11th in vehicle production, with Spain slightly ahead at approximately 2.2 million units. The United States, Japan, and Germany took the second, third, and fourth spots in the global ranking, respectively.