French Car Sales Drop 35% in July as Chip Shortage Crimps Supply

  • Renault SA on Friday forecast disruptions in the supply of chips would curtail output this year by about 200,000 vehicles.
For the first seven months of the year, car registrations in France rose 16% over the same period in 2020, when sales were depressed during the first wave of the pandemic. (AFP)
For the first seven months of the year, car registrations in France rose 16% over the same period in 2020, when sales were depressed during the first wave of the pandemic.

French car sales slumped 35% in July as a semiconductor shortage curbed inventory in one of Europe’s biggest markets.

France recorded 115,713 passenger-car registrations for the month, the industry group Plateforme Automobile said Sunday.

For the first seven months of the year, registrations rose 16% over the same period in 2020, when sales were depressed during the first wave of the pandemic.

Also check these Cars

Find more Cars
Citroen Ec3 (HT Auto photo)
BatteryCapacity Icon29.2 kWh Range Icon320 km
₹ 11.50 - 12.43 Lakhs
Compare
View Offers
Citroen C3x (HT Auto photo)
UPCOMING
Engine Icon1998 cc FuelType IconPetrol
₹ 7 Lakhs
Alert Me When Launched
Citroen C3 (HT Auto photo)
Engine Icon1198.0 cc FuelType IconPetrol
₹ 5.71 - 8.05 Lakhs
Compare
View Offers
Citroen C5 Aircross (HT Auto photo)
Engine Icon1997.0 cc FuelType IconDiesel
₹ 30.30 - 32.30 Lakhs
Compare
View Offers
Citroen C3 Aircross (HT Auto photo)
Engine Icon1199 cc FuelType IconPetrol
₹ 9.99 - 12.34 Lakhs
Compare
View Offers
Renault Duster 2025 (HT Auto photo)
UPCOMING
Engine Icon1499 cc FuelType IconPetrol
₹ 10 Lakhs
Alert Me When Launched

The sluggish result is a further indication that Europe’s auto-industry recovery is slower than the rebound seen in the U.S. and China. The latest data from the European Automobile Manufacturers’ Association showed almost 2 million fewer cars were sold in the region during the first half compared with two years ago.

Renault SA on Friday forecast disruptions in the supply of chips would curtail output this year by about 200,000 vehicles, double a previous estimate. It sold 1.42 million vehicles worldwide in the first half, down almost a quarter from the same period in 2019.

The caps on output have frustrated manufacturers like Volvo and Stellantis NV, the maker of Peugeot and Citroen brands that goes head-to-head in the French market against Renault.

“We are very sad to see we have a stellar order book and are struggling to deliver," Stellantis CEO Carlos Tavares told the Detroit-based Automotive Press Association in July.

First Published Date: 01 Aug 2021, 16:22 PM IST
NEXT ARTICLE BEGINS

Check Latest Offers

Please provide your details to get Personalized Offers

Choose city
+91 | Choose city
Choose city

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy
Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.