Forecast: Number of Passenger Cars Aged Less Than 2 Years in France

The forecast for passenger cars aged less than 2 years in France shows a declining trend from 2024 to 2028. The number stood at an estimated 5 million in 2023, with projections dropping to 2.8181 million by 2028. The year-on-year growth is negative, indicating diminishing numbers over successive years. The compound annual growth rate (CAGR) over the five-year period reflects a significant average decrease annually.

Future trends to watch:

  • The impact of trends in consumer preferences for used over new cars.
  • Government policies on vehicle ownership and environmental considerations.
  • Technological advancements in electric and autonomous vehicles potentially influencing new car purchases.

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