What does the French automotive market look like at the beginning of the year? We stalled it late last year :: 1.65 million new passenger cars were registered last year, compared to 2.2 million in 2019according to the Committee of French Automobile Manufacturers (CCFA). Such a decline has not been observed for a long time: the market had never fallen below the fateful limit of 1.7 million units. since the early 1970s.
The January hope was not confirmed
From a sales perspective, the crisis continues and the automotive sector even appears to be falling: only 126,000 new cars were launched in January and 132,000 in February. For comparison: in the last few years the average has flirted with 160,000 units sold. The decline in January was 5.85% over twelve months. and almost 21% in February.
These numbers apply to all thermal models together. In detail, one might wonder which types of vehicles will manage to find buyers in the heart of this ongoing crisis. One of the glimmers of hope always seems to be coming from SUV. Since the beginning of the year, the market share of leisure off-roaders across Europe has reached 44% 41% in France, where the French manufacturers are also doing well thanks to Renault Captur and to Peugeot 2008 and 3008.
In just five years, the market share of SUVs, Crossovers and other crossovers increased from a quarter (25%) to over 40%. Which is both good and bad news. For the auto industry, which has been selling fewer units for a year, this is a godsend as the SUV is selling at a high price (an average of 26,000 euros). It is therefore a profitable product that makes it possible to watch your margins in times of lean cows.
To insure an increasingly expensive fleet
However, this is less good news for policyholders. In fact, the growing proportion of these expensive vehicles in our fleet is available for purchase makes auto insurance more and more expensive. High quality vehicles are more expensive to cover and repair, which increases the average cost of auto contributions. Online comparison allows you to avoid this inflation by offering a range of low prices.
The growth in the number of SUVs is also problematic for another reason: these vehicles consume a lot and their emission levels pose a real challenge for an economy that wants to decarbonise. But the manufacturers quickly found the solution: the hybrid SUV.
This engine, which combines fossil fuels and electrics, is very successful with SUVs. In February, the Peugeot 3008 was at the top of the plug-in hybrid ranking in terms of number of registrations (1,100), ahead of the Renault Captur II (794), the Citroën C5 Aircross (447) and the DS7 (390 ): four SUVs!
Optimism on the electrical side
The latter therefore also contribute to another source of optimism for manufacturers: the development of electric and hybrid vehiclesthat have never seen a dynamic like last year. These two segments were represented in December 16.2% of the automotive marketwith 37,000 vehicles sold, according to the National Association for the Development of Electromobility (Avere).
And in contrast to the thermal vehicles mentioned above, their sales increase at the beginning of the year: if you only consider 100% electric cars, there are almost there 6,500 registrations in Januaryand near 8,500 in February (Even if we are far from the 20,000 units sold in December 2020).
Even if it’s making less progress than it was in 2020, the year all the ceilings were breached, the electric or semi-electric car is gradually gaining ground, especially because it saves money. First of all, the ecological penalty (Ökotax) This penalizes an extra sum to pay polluting car buyers. Conversely, the ecological bonus is their devices were extended until this summer, allow yourself to equip yourself with a car “Green” cheaper.
Finally, the price of auto insurance for electric vehicles will also decrease this yeardue to the abolition of a tax that remains on contracts for electric motors. As you can see, these low-emission vehicles are therefore at the origin of a double promise: to keep manufacturers active in times of crisis and to allow motorists to do so Save on your auto budgets at all levels.
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