Investments in French motor vehicle sector to fall 21% in 2013

Friday, 08 February 2013 16:41:48 (GMT+3)   |   Istanbul
       

Surveyed in January 2013, business leaders stated that investments in the French manufacturing industry were up two percent in 2012 compared to 2011, according to France's National Institute of Statistics and Economic Studies (INSEE).

Business leaders in the French manufacturing industry forecast that their investment would remain stable in 2013 compared to 2012. On the other hand, industrial leaders in transport equipment confirmed that their investment would decline by 10 percent in 2013, after a rise of 13 percent in 2012, with a significantly drop in the sector of motor vehicles. Business leaders forecast a year-on-year fall of 21 percent in investments in the motor vehicle sector in 2013, after an increase of 20 percent in their investments in 2012.


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