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

  • Lexus LC500
    Car review
    20 October 2017
    Futuristic Lexus LC coupé mixes the latest technology with an old-school atmospheric V8
  • Maserati Levante S GranSport
    First Drive
    20 October 2017
    Get ready to trade in your diesels: Maserati’s luxury SUV finally gets the engine it’s always needed
  • Jaguar XF Sportbrake TDV6
    First Drive
    19 October 2017
    The handsome Jaguar XF Sportbrake exhibits all the hallmarks that makes the saloon great, and with the silky smooth diesel V6 makes it a compelling choice
  • Volkswagen T-Roc TDI
    First Drive
    19 October 2017
    Volkswagen's new compact crossover has the looks, the engineering and the build quality to be a resounding success, but not with this diesel engine
  • BMW M550i
    First Drive
    19 October 2017
    The all-paw M550i is a fast, effortless mile-muncher, but there's a reason why it won't be sold in the UK