Sliding sales for Renault and Peugeot - but Citroen holds up well
1 August 2008

French car production has fallen sharply, a new report has shown. News of the slowdown comes only a day after Mercedes's plans to cut production in the face of slowing global demand, and provides further proof that Europe's car makers are facing an increasingly tough business climate.

Citroen has weathered the storm best, helped by its aggressive pricing strategy and a recently refreshed model line-up, with output slipping by just 1 per cent last month compared to the same period last year.

Sister brand Peugoet has suffered worse sales, posting a 5 per cent fall in year-on-year volume, while Renault's production has fallen by more than a fifth.

Renault has been hit by disappointing sales for the new Laguna along with slowing demand for the Espace and Vel Satis (which is still sold in Europe).

The current Renault Megane is also running out to replacement, further depressing the figures. The company is considering reducing production at the Sandouville plant, which produces the Laguna, Espace and Vel Satis, to just one shift.

Despite the sliding sales, Renault boss Carlos Ghosn has said he is confident that the manufacturer will meet its operating profit target for this year.

Hilton Holloway

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Mercedes-Benz E-Class Estate
    First Drive
    19 March 2018
    The Mercedes-Benz E-Class could be all the estate car you’ll ever want — or it could be overkill. Let’s see which...
  • Dallara Stradale
    The Stradale is the first road-legel car from Italian motorsport constructor Dallara
    First Drive
    16 March 2018
    The motorsport constructor's first road car is inspired by Lotus minimalism. Does it thrill on road and track?
  • Hyundai i30 N
    Standard spec is good so paint colour is our car’s only option
    First Drive
    16 March 2018
    What’s Hyundai’s first hot hatch and N-brand debutant really like? Let’s find out
  • Porsche Boxster GTS
    This is the new GTS version of the Porsche Boxster
    First Drive
    15 March 2018
    The 718-generation Boxster is our favourite roadster of the moment – so is this new GTS variant worth the extra outlay?
  • BMW 5 Series
    First Drive
    15 March 2018
    The BMW 5 Series is top of the mid-exec pack, but is there still room for a diesel saloon in everyday family life?