Following on its 19% drop in January, February has recorded a near 24% year-on-year drop for light commercial vehicles under 5.1 tonnes, in figures released by the Comité des Constructeurs Français d’Automobiles, the Automotive Manufacturers Association in France.
Market Sees Declining Figures for First Two Months of 2022
For the twenty days of trading in 2022, 28,435 units were registered, against 37,279 units for February 2021. Stellantis registered 13,668 of those units, making for an impressive 48% share of the market. The Renault Group and Citreon registered 6,233 and 6,198 units, respectively, making for a combined total of nearly 44% of the market.
In terms of year-to-date sales, 56,644 units have been registered so far for January and February 2022. This makes for a 21.47% drop, compared to the first two months of 2021, when 72,127 units were registered. The figures, therefore, indicate a bumpy start for LCVs in France this year.