New Car Sales Rise By 7% in March

Opel Mokka 1.4 Turbo

Extra selling day become the good luck charm. Sales of French automobiles rise drastically in March.

It seems that French automobiles were having a hard time coping up with some of the world’s leading manufacturers. The sales figures of French cars may be good, but not anywhere close to beguile the elites, or even a newbie. However, what the automobile industry achieved cannot be undermined or understated. Its unit sales rose to a staggering 211,254 last month in March—an increase of 7%.

This was all thanks to an extra selling day. CCFA revealed that if you take into account this extra selling day, the growth was a decent 2.4%. If you take a look at figures reported by Toyota or Fiat Chrysler, you get a picture of where the French car industry has received its figures from. Both the Toyota and the Chrysler saw a 34% and an 18% increase in sales respectively.

This was assisted by several other manufacturers including Opel with an 8.1% increase, Volkswagen with 3%, and Renault with a 5.3% increase in sales. As for the PSA Group, Peugeot rose by 8.5% in unit sales while Citroen touched a massive 8.9% mark. It’s no wonder why the extra selling day was a blessing for the French automobile industry.

Peugeot Merging With Opel

Opel Merges with Peugeot

PSA—A French automobile group—is looking forward to a merger with Opel.

General Motors is one of the largest automobile manufacturers on the globe, and PSA knows that better than anyone else. Recently, in the midst of February, it approached GM and underwent talks to merge activities of its infamous Peugeot with two GM brands.

The brand PSA is quite interested in the British Vauxhall and German Opel. For some reason, PSA backed off from revealing much about the talks held in the meeting. The French automaker has previously been linked to GM with mergers.

Although much hasn’t been unveiled yet, the talks have sure been confirmed. Several sources have affirmed that the automobile giants will unveil the outcome within a couple of days. If this happens, the auto geeks can expect a blend of great technology in the future Peugeot models.

Furthermore, an emerging market leader in the French automobile market will also be seen. However, the newly-formed manufacturer will still need to do a lot to acquire the major market share, currently owned by Volkswagen. This merger may also put a stop to the much-failed attempts of GM to place its feet in the European market.