Passenger car registrations in France experienced a fluctuating trend from 2013 to 2023. Registrations grew steadily from 2013 to 2018, showing an average yearly increase by smaller percentages. However, 2020 and 2021 saw significant declines due to market disruptions, with a noticeable recovery starting in 2022. In 2023, the market registered 1.7293 million new cars, marking an 18.08% year-on-year increase from 2022. Over the last five years, the compound annual growth rate (CAGR) has been a negative 4.47%. Looking into the forecasted data from 2024 to 2028, the market shows a gradual decline with a forecasted 5-year CAGR of -1.3%.

Future trends to watch for:

Shifts in consumer preferences towards electric and hybrid vehicles due to regulatory changes and environmental concerns.
Potential fluctuations in the market due to economic conditions and global supply chain resilience.
Technological advancements in autonomous and connected car technologies impacting new registrations.
Impact of ongoing policies regarding car emissions and fuel efficiencies.