Car market. January 2023 is an encouraging month for new car sales
New car registrations in France in January 2023 increased by 8.8% to 111,944 units (NGC-Data® data). Peugeot and Renault are neck and neck, Dacia continues to be a hit, and Citroën is only sixth in the car market.
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Using an extra working day compared to January 2022 (21 vs. 22 last year), The French car market started the 2023 fiscal year with an increase of 8.8%. That’s a total of 111,944 new vehicle registrations, according to NGC-Data®. This first encouraging assessment, probably supported by the open weekend on January 14 and 15, confirms the upswing already seen last October and November.
However, this volume lags far behind January 2021 (126,380 copies), 2020 (134,229 copies), 2019 (155,079 copies) and 2018 (156,846 copies). Shortages of electronic components, which still affect the production of some models, have added to the major logistical problems that have seriously disrupted vehicle deliveries in recent months.
Dacia is on the podium, Citroen is retrograde
During this first month and despite a 13.6% decline, Peugeot maintained its leading position in the passenger car market with a 15.8% share (16.1% in 2022). Renault, which started the year with a 9.2% increase, is not far behind (15.3% in January, 15.5% in 2022). Having been in excellent form last year, Dacia is on course for a stronger start to the 2023 financial year. The Romanian brand has a market share of 10.3%, increasing by 54.3%. (8.6% in 2022). Brand low cost The car of the Renault group stood firmly on the podium, while Citroen, which was removed from the historic third place in 2022, continues to lose positions.
Toyota and Volkswagen are off to a good start
In January as in December 2022 the chevron brand occupies only sixth place in the French market (7.3% share), showing a 22.6% decrease in enrollment. It is preceded by Toyota (7.7% share) and Volkswagen (7.4%), which recorded growth of 20.6% and 27.2% respectively. The biggest jumps among the top 30 brands during this first month were MG Motor (+650.9%), Tesla (+1443.8%), Cupra (+48.7%), Land Rover (+171.4%) or May be associated with Lynk &. Co (+ 152.7%).
Nine car brands in the top 30 show registration declines, some by double digits. This is the case for Peugeot and Citroën, but also for Mini (-36.4%), Suzuki (-19.5%), Mazda (-17.1%) and even Lexus (-27.6%).
New car registration by brand in January 2023
|Volume||Go (%)||Difference 2023/2022 (%)|
|The grand total||111,944||100||+||8.8|
|23||you are here||741||0.7||+||1,443.8|