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Industrial Partnerships: restructuring of the auto production apparatus, Green Tech, Page 23

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Page content:

Europe

France: a market boosted by rebates in 2011
Despite many manufacturer rebates, order books are sharply deteriorating

New registrations: private cars and light utility vehicles
(yr/yr change, in millions of units)

Scrappage
2.5

allowances in 2009-

2010 helped to sell

an additional
2.4

500,000 vehicles

2.3

2.2
The easing out of

scrappage
2;1
allowances over the

start of the year and
2;0
manufacturer rebates

generated an

additional 200,000
1.9

registrations in 2011
déc-05

déc-06

déc-09

déc-10

déc-12
déc-07

déc-08

déc-11
jun-06

jun-07

jun-08

jun-09

jun-10

jun-11

jun-12
Sources: CCFA, Euler Hermes forecasts

The French market could shrink by 10% in 2012
Copyright Euler Hermes 2011
23

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