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Stocks of new cars are parked in a lot, at

The French association was until now betting on car sales growth in the range of 9-10%, but that could be toned down, a spokesperson for CCFA said.

“We think it might be difficult to achieve 1.8 million of sales this year,” the spokesperson said.

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Last year, new French passenger car registrations fell to 1.65 million from 2.21 million in 2019 as the coronavirus pandemic brought car factories to a halt.

A lack of crucial semiconductors and uncertainty surrounding the novel coronavirus pandemic are affecting most automakers, including French carmaker Renault and its Franco-Italian arch-rival Stellantis.

New car registrations in France plummeted by about 35% in July from the same period a year ago, according to data issued by CCFA-PFA late on Saturday.

Registrations of new passenger vehicles totalled 115,713 last month, CCFA said. The French car market is up by about 16% over the first seven months of the year compared with the same period in 2020, the association said.

(Reporting by Gilles Guillaume; Writing by Mathieu Rosemain; Editing by Louise Heavens and Toby Chopra)

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