Today: Tuesday, 11 May 2021 year

French April new car registrations rise 569% after 2020 plunge

French April new car registrations rise 569% after 2020 plunge

The French association of carmakers has reported on the unprecedented rise of the new car registration. Following the 2020 plunge, the figures drastically rocketed despite the pandemic and economic difficulties.

French new car registrations soared 569% in April to 140,428 vehicles, rebounding from a year earlier when the COVID-19 pandemic shut showrooms and auto factories.

Registrations fell 25% compared with April 2019, showing that the vehicle market hasn’t yet recovered to its pre-pandemic levels, the Comité des Constructeurs Français d’Automobiles (CCFA) said in a statement Saturday.

In fact, the April figure remains lower than the average 210,000 total usually registered for March, a CCFA spokesman conformed. Over the Q1 the French car market is up 21.1% year on year after the first two months of the year had been down 14.2%.

Taking into account the situation with COVID-19, the CCFA stuck to its forecast of a 9% increase of registrations this year. As a matter of fact, April was the second month of a rebound in car sales from last year’s pandemic-induced plunge. Registrations almost tripled in March, Bloomberg News has learned.