As of 2023, the share of passenger cars in total road motor vehicles in France was lower than the 78.07% forecasted for 2024. Between 2024 and 2028, the anticipated minimal increases suggest a stable market, with values moving slightly from 78.07% to 78.1%. This results in negligible year-on-year variations, indicating a stagnant market share. The Compound Annual Growth Rate (CAGR) over these five years is close to zero, reflecting this stability.
Future trends to watch for include the impact of electric and autonomous vehicles, government policies on emissions, and shifts in consumer preferences towards alternative transportation modes, which could disrupt the current market equilibrium.
