The forecasted passenger car registrations in France indicate a gradual decline from 2024 to 2028, with year-on-year decreases of 7.0% in 2025, 7.5% in 2026, 9.3% in 2027, and 9.0% in 2028. This downward trend suggests a consistent reduction in growth momentum, with an average compound annual growth rate (CAGR) decreasing annually. In 2023, the baseline from which these values decrease was set, marking the last year of actual data before the downturn.
Future trends to watch for include:
- Impact of economic factors such as inflation and consumer confidence on car purchases.
- The influence of environmental policies promoting electric vehicle adoption.
- Technological advancements in automotive industries driving changes in consumer preferences.
- Potential shifts in urban mobility solutions affecting car ownership trends.