PARIS -- French registrations fell 8.4 percent to 230,967 in June, as both PSA Group and Renault Group saw significant declines for the month, industry association CCFA reported. Of brands with significant market presence, only Audi, Mercedes and Seat recorded double-digit sales increases.
There were 19 selling days in the month this year, compared with 21 last June. Adjusted for an equal number of selling days, sales were up by 1.25 percent.
The June sales figures came a few days after ACEA, the European automakers' association, revised its 2019 sales forecast downward from plus 1 percent to minus 1 percent.
The group cited Brexit uncertainty, a slowdown in GDP growth, and "a natural stabilization of the market," noting that growth has been slowing since 2015, when the market increased 9.3 percent. Growth was 6.8 percent in 2016, 3.4 percent in 2017 and just 0.1 percent in 2018.