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3mo ago

French New-Car Market Shrinks 12% in May, Extends Five-Month Slide

Reduced state incentives have eroded electric vehicle sales, prompting a shift toward hybrids.

AFP - Voitures France
La part des voitures électriques stagne autour de 18% sur les cinq premiers mois de l'année", avec 119.475 véhicules immatriculés, soit "près de 10.000 de moins que pour la même période l'an dernier
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Overview

  • New registrations fell 12.3% in May to 123,919 vehicles, marking the fifth straight month of decline and an 8% drop year-to-date.
  • Electric vehicle registrations stagnated at roughly 18% of sales in the first five months, down about 7% from 2024, with Tesla plunging 67% in May.
  • Hybrid models expanded their market share from 30% in 2024 to 45% in 2025 as consumers seek less costly alternatives.
  • Used car sales inched up 0.3% in May but failed to offset the slump in new-car demand.
  • Industry leaders attribute the downturn to economic uncertainty, significant cuts in government EV incentives and low household confidence following US trade tensions.