Dacia

French Car Registrations Pull Out Of Dive In April

Overall registrations down 1.

6% in April, but still 18% lower in first four months-Peugeot Citroen registrations rise 8.9% in April-Renault registrations fall 10% in AprilPARIS -(Dow Jones)- The recent plunge in registrations of new cars in France showed signs of bottoming out in April with a decline of just 1.6% compared with the same month last year, a much shallower fall than in previous months, according to latest industry data released Wednesday.Still, over the first four months of 2012, French car registrations were down 18% from the same period in 2011 after sales in Europe's biggest auto market after Germany had fallen sharply in the first quarter. The decline partly reflects a bulge in the same year-ago period when car makers were delivering cars ordered before government scrapping incentives were phased out at the end of 2010.French auto makers had mixed fortunes in April. Registrations of PSA Peugeot Citroen (UG.FR) increased 8.9% in April, while those of its cross-town riva...

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