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Subsidies strength decreased August French new car sales year-on-year decline

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Gaishi car - comprehensive electric reports, French car manufacturers association (French car manufacturers'' association) announced on September 1, because government subsidies strength reduction, August the French market new car sales in the basis of the same period last year dropped 9.8 per cent.

From July 1st, the French government provide old scrap subsidies from 700 euros decrease to 500 euros. This subsidy policy in December 31 is finally over.

In August,PeugeotCitroen (PSA) French domestic sales fell by 9.2 per cent year-on-year, PeugeotCitroencompetitorsRenaultCar sales are dropped 3.8%.

In the first eight months of this year, the French new car sales for 149 million vehicles, year-on-year growth of 1%. Insiders expect that the whole year, France new car sales in 200 million vehicles will be around for the French market in recent years, the average level.

(gaishi automobile net)