FRANCE: Sales of new cars boosted by scrapping scheme
The sales of new cars in France was up in May over the same month last year, boosted by the country's scrapping incentive scheme, according to industry figures.
With vehicle registrations reaching 206,387 in May, the French automotive manufacturing association CCFA said that sales had risen 11.9%. However, over the first five months of the year, sales were still down 1.4%.
The French government is running a scheme where car owners get cash incentives to trade in older vehicles for new more environmentally friendly models.
It is also thought that a change to the system of vehicle registrations may also have boosted May figures, with some cars bought in April only being registered this month.
Looking at individual manufacturers, PSA Peugeot Citroen saw sales jump 20.7% in May, with its Peugeot brand up 14.5% while Citroen leapt 28.2%.
Renault, meanwhile, fell 1.7%. Its Renault brand sales fell 4.1% but the Dacia brand jumped 42.1%.