The Yellow Vest movement has dominated the news lately. This phenomenon has led to several changes across a wide range of sectors. The French car market has seen better days. Since the start of these protests, the French automotive market has been in a situation that has not been beneficial for car manufacturers. There have been many changes since the protests. As time went on, the protests ended, and the market improved significantly.
A protest that disrupted the French car market
It has been observed that since the Yellow Vest protests ended, the French car market has grown by 2.1%, returning to growth. This increase came after a five-month gradual decline. This caused significant disruption to the sector. And of course, PSA, the leading French automotive group, also contributed to this growth.
Unlike the Renault group, PSA performed much better than average, resulting in a substantial increase in its registrations. Hundreds of thousands of passenger cars were registered in February. To be exact, 172,443 cars, all new and in excellent condition.
A new type approval process that has proven far from beneficial.
One of the reasons the car market experienced a five-month decline was the new vehicle type approval procedure, which aimed to take off the road those cars most likely to pollute the environment. These are the cars that no longer function properly, and especially those with exhaust problems.
One of the reasons for this decline was also the Yellow Vest protests, which subsequently reduced orders and therefore deliveries of new cars. While the Yellow Vests likely aimed only to disrupt traffic, this disruption nonetheless had a significant impact on the French automotive market.
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