The forecasted new registrations of petrol passenger cars (excluding hybrids) in France indicate a steady increase from 2024 to 2028. In 2023, the actual registrations stood below 1.4 million, displaying a notable upward trend through the forecast period. The year-on-year growth rates highlight an average annual increase, with each subsequent year showing a rise in registrations. Specifically, the projected compound annual growth rate (CAGR) from 2024 to 2028 reflects a moderate, consistent annual growth.
Future trends to watch for include:
- Potential impacts of environmental regulations and incentives promoting electric vehicle adoption, which may temper petrol car registration growth.
- Technological advancements in non-hybrid petrol engines improving efficiency, possibly sustaining demand.
- Consumer preference shifts as urban mobility solutions evolve and public transport infrastructure enhances.