Renault sees June recovery in French car sales into third quarter

Renault expects a pick-up in the French automobile market in June, after the nation’s coronavirus lockdown was lifted, to carry out into the third quarter, the brand’s sales chief for France Ivan Segal stated on Wednesday.

New car registrations in France were increasing 1.24% year-on-year in June, their first increase this year, and following a deep decline in May, when dealerships were shut down due to the spread of coronavirus.

Renault in particular took advantage of a recovery, with its June registrations boosting by 6.51% in France, though Peugeot maker PSA recorded a 9.14% year-on-year reduction.

Segal informed reporters there was still uncertainty regarding the state of the market in the fourth quarter, however, while the brand is expecting the French car market to drop by 20% this year as a whole.