Forecast: Share of New Passenger Cars Registrations in New Motor Vehicles Registrations in France

The forecast for new passenger car registrations as a share of total new motor vehicle registrations in France remains stable at 97.6% from 2024 to 2028. In comparison, the figure for 2023 stood similarly high, indicating no significant year-on-year variation. This stability suggests a consistent preference for passenger cars in the French automotive market. Over the last five years, the compound annual growth rate (CAGR) reflects an unwavering trend in favor of passenger cars, underscoring their dominance.

Future trends to watch include:

  • Changes in government regulations favoring electric or hybrid vehicles.
  • Technological innovations that might influence consumer preferences.
  • Potential economic factors affecting consumer purchasing power and vehicle affordability.

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