Production forecast France 2023-2030
- Inovev's latest forecast for passenger car (PC) and light truck (LUV) production in France assumes that production volumes will recover from 2023 onwards. French car production had fallen to a low point in 2022, following extremely poor years in 2020 and 2021 due to the Corona crisis (2020) and the semiconductor crisis (2021). In 2022, these crises are compounded by the consequences of the war in Ukraine. Overall, French automotive production (PCs+LUVs) has fallen from 2.2 million units in 2019 to less than 1.5 million units in 2020, 2021 and 2022.
- The catch-up process, which will take place between 2023 and 2027, depends on the end of the semiconductor crisis and the end of the war in Ukraine. This is Inovev's reference scenario, and France should return to the level of 2 million vehicles produced per year between 2027 and 2030.
- This catch-up will be all the more possible because, on the one hand, Renault has decided to concentrate its production of electric vehicles in France (in the Hauts de France region: Douai and Maubeuge) and, since sales of electric cars will increase sharply (thus meeting the European Commission's request), the Hauts de France region will see a sharp increase in its car production. In addition, Renault has announced that they plan to produce 700,000 vehicles in France by 2030. Finally, Stellantis has decided to put an end to relocations. The future Peugeot 3008 and 5008 will be produced in France, as will the 308, 408 and 508 models.
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