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French car sales rally in October
Parvez Jabri
04 Nov, 2013
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![](https://i.brecorder.com/images/2013/11/france-cars.jpg">PARIS: French car sales rallied in October with a gain of 2.6 percent from the level a year ago, trade data showed on Monday.</P><P>The French auto market has been through a long, weak patch which has hit particularly the struggling auto-maker PSA Peugeot Citroen.</P><P>The latest data, excluding adjustment for seasonal factors, came from the French committee of auto manufacturers, the CCFA, and the figures led it to revise upwards its target for sales for the whole of 2013.</P><P>The French car sector is important to the French economy.</P><P>PSA, the biggest French group and the second-biggest in Europe after the German VW group, is in the midst of deep restructuring, with a plant closure, job cuts and is expected to find new shareholders.</P><P>However, Peugeot and the other main French group Renault, which face strong competition from foreign brands on their home market, benefited most from the upturn in October.</P><P>Sales by PSA Peugeot Citroen rose by 4.1 percent, in a switch from a fall of 6.8 percent in September.</P><P>The Renault group, which owns the low-cost Dacia brand, raised sales by 5.8 percent in October after a surge of 18.1 percent in September.</P><P>A spokesman for the CCFA, said of the latest overall data: )