French worker can no longer afford the car he no longer builds

In 2025, new car registrations in France are expected to drop 5% from 2024, with nine out of ten French people finding vehicles too expensive. The average price rose 24% from 2020 to 2024, from €28,107 to €34,872, per the Institut Mobilités en transition.

Jean-Pierre Robin's chronicle highlights a crisis in the French automotive sector. The 2026 barometer from the Cetelem observatory, surveying 15,774 motorists across Europe including 3,144 in France, shows 90% of French people deem new cars unaffordable. This is no mere perception: data from the independent Institut Mobilités en transition (IMT) confirm a 24% rise in the average new vehicle price from 2020 to 2024.

This surge stems from multiple factors piling up since the Covid-19 pandemic. Factory shutdowns in 2020 led to a global chip shortage, critical for the auto industry. The Ukraine war drove up raw material costs, as manufacturers shifted to higher-end models to boost margins. Accelerated vehicle electrification has also played a role.

Robin wryly notes that the French worker, once the builder of these machines, can no longer afford one—nor possess the skills to make it. This points to a 2025 marked by ongoing sales decline, underscoring the economic and social challenges in the sector.

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Sébastien Lecornu promises new targeted aids amid fuel price surge

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Prime Minister Sébastien Lecornu announced in Bordeaux new targeted aids «early next week» to counter the fuel price surge linked to the Middle East conflict started over a month ago by US and Israeli strikes on Iran. He assured there was no shortage in the country. The French public expresses strong skepticism about the government's effectiveness.

Economy Minister Roland Lescure detailed conditions for a new government aid targeting nearly 3 million modest high-mileage drivers affected by soaring fuel prices. The measure, averaging 20 euro cents per liter, will be available from May via an online platform on impots.gouv.fr.

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The Union des Armateurs à la Pêche Française (UAPF) and the Association nationale des Organisations de Producteurs (ANOP) warn of challenges from soaring diesel prices since the Middle East conflict. Some vessels operate at a loss while others may stay docked. They await suitable government aid.

The French government announced a 70 million euro support plan on Friday evening for road transporters, fishermen, and farmers hit by energy price hikes from the Middle East conflict. Valid for April and renewable monthly, it provides targeted sectoral aid without worsening the public deficit. Sector reactions are mixed.

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A leaked government working document, revealed by Franceinfo, indicates a rise in gross fuel margins since the start of the Middle East war. Margins have reportedly gone from an average of 30 euro cents per liter early this year to over 50 cents for diesel in some stations. Bercy disputes the document's origin and the accuracy of the figures.

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