{"id":43404,"date":"2025-10-21T14:56:28","date_gmt":"2025-10-21T12:56:28","guid":{"rendered":"https:\/\/personal-finance.bnpparibas\/?p=43404"},"modified":"2026-08-24T11:59:09","modified_gmt":"2026-08-24T09:59:09","slug":"mobility-consumption-minute-october-2025-cars-culture","status":"publish","type":"post","link":"https:\/\/personal-finance.bnpparibas\/en\/mobility-consumption-minute-october-2025-cars-culture\/","title":{"rendered":"October 2025 Mobility &amp; Consumption Minute: uncertainty over 2035, culture contributes \u20ac50 billion"},"content":{"rendered":"<div class=\"container\">\n<div class=\"wp-block-group has-green-dark-background-color has-background is-layout-constrained wp-container-core-group-is-layout-e3964afe wp-block-group-is-layout-constrained\" style=\"border-top-left-radius:28px;border-top-right-radius:28px;border-bottom-left-radius:28px;border-bottom-right-radius:28px;padding-top:var(--wp--preset--spacing--60);padding-right:var(--wp--preset--spacing--60);padding-bottom:var(--wp--preset--spacing--60);padding-left:var(--wp--preset--spacing--60)\">\n<p class=\"has-text-color has-link-color wp-elements-1 wp-block-paragraph\" style=\"color:#ffffff\">Every month, the&nbsp;<strong>Mobility Minute<\/strong>&nbsp;and the&nbsp;<strong>Consumption Minute<\/strong>&nbsp;explore two major trends transforming consumer behaviour in France and across Europe.<\/p>\n\n\n\n<p class=\"has-text-color has-link-color wp-elements-2 wp-block-paragraph\" style=\"color:#ffffff\">Presented by Flavien Neuvy, economist and Director of the Cetelem Observatory, these two analyses provide a one-minute overview of the developments shaping the mobility and consumer markets.<\/p>\n<\/div>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">In October 2025, two major issues stand out:<\/p>\n<\/div>\n\n<div class=\"container\">\n<ul class=\"wp-block-list\"><div class=\"container\">\n<li class=\"has-green-dark-color has-text-color has-link-color wp-elements-3\"><strong>France\u2019s cultural sector generates around&nbsp;\u20ac50 billion in added value.<\/strong><\/li>\n<\/div>\n\n<div class=\"container\">\n<li class=\"has-red-color has-text-color has-link-color wp-elements-4\"><strong>The planned phase-out of new combustion-engine car sales from 2035 is facing growing opposition<\/strong><\/li>\n<\/div><\/ul>\n<\/div>\n\n<div class=\"container\">\n<div style=\"height:29px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n<div class=\"container\">\n<h3 class=\"wp-block-heading\"><strong>Mobility Minute: uncertainty is growing around the 2035 combustion-engine phase-out<\/strong><\/h3>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">Adopted on&nbsp;<strong>18 April 2023<\/strong>&nbsp;as part of the European Green Deal, the 2035 target was designed to end sales of new combustion-engine cars and support the European Union\u2019s objective of achieving carbon neutrality by 2050.<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">More than two years later, that trajectory is increasingly being questioned.<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">New-car sales remain low, electric vehicles are gaining ground more slowly than initially expected, and political opposition has intensified at the highest level.<\/p>\n<\/div>\n\n<div class=\"container\">\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"iframe-wrapper\"><iframe title=\"Vid\u00e9o Youtube - Mobility Minute #10 | Europe\u2019s road to 2035 is getting bumpy ?\u200d?\" src=\"https:\/\/www.youtube.com\/embed\/kP-CU3pMqcw?feature=oembed\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div><\/figure>\n<\/div>\n\n<div class=\"container\">\n<div style=\"height:29px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n<div class=\"container\">\n<h3 class=\"wp-block-heading\"><strong>What you need to know<\/strong><\/h3>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">\u2013 the measure was adopted on&nbsp;<strong>18 April 2023<\/strong>&nbsp;as part of the European Green Deal<br>\u2013 the broader objective is&nbsp;<strong>carbon neutrality by 2050<\/strong><br>\u2013 new-car sales in Europe remain at a relatively low level<br>\u2013 electric cars account for around&nbsp;<strong>15% of sales in 2025<\/strong>, compared with a trajectory that had pointed towards approximately 25%<br>\u2013 in early October, the German Chancellor officially called for the 2035 policy to be reconsidered<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">To understand why regulatory uncertainty is costly for the automotive industry and how it encourages motorists to delay purchasing decisions:<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">?\u00a0<strong><a href=\"https:\/\/observatoirecetelem.com\/en\/consumption-minute\/2035-combustion-engine-car-phase-out-europe\" target=\"_blank\" rel=\"noreferrer noopener\">Discover the full analysis on the Cetelem Observatory<\/a><\/strong><\/p>\n<\/div>\n\n<div class=\"container\">\n<h3 class=\"wp-block-heading\">Find out about the latest Auto 2025 study by l&#8217;Observatoire Cetelem<\/h3>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">In 2011, l&#8217;Observatoire Cetelem de l&#8217;Automobile took an interest in the under-30s, then called the &#8220;Generation Y&#8221;.<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">Nearly 15 years later, it looks at Generation Z, who succeeded them, in a new study that evaluates their relationship with the automobile in a context of market downturn, slowing inflation and debates on the transition to electric.<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">Carried out in 14 countries, among 16,000 people, the study by l&#8217;Observatoire de l&#8217;Auto 2025 is rich in lessons.<\/p>\n<\/div>\n\n<div class=\"container\">\n<div style=\"height:31px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n<div class=\"container\">\n\n    <div class=\"my-3 text-center\">\n\n        <a id=\"block_29e96bbc015bc4f16e8b99c09d6fa55a\" href=\"https:\/\/observatoirecetelem.com\/chaud-devant\/automobile\/observatoire-auto-2025\"   class=\"btn btn-border\">\n            FIND HERE THE LATEST AUTO STUDY 2025\n                    <\/a>\n\n    <\/div>\n\n<\/div>\n\n<div class=\"container\">\n<h3 class=\"wp-block-heading\"><strong>Consumption Minute: culture generates \u20ac50 billion in added value<\/strong><\/h3>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">Live entertainment, cinema and music all occupy a distinctive place in French life and their economic weight is considerable.<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">Three figures illustrate the scale of the sector:<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\"><strong>\u20ac50 billion in annual added value, 750,000 direct and indirect jobs, and \u20ac37 billion spent by households every year.<\/strong><\/p>\n<\/div>\n\n<div class=\"container\">\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"iframe-wrapper\"><iframe title=\"Vid\u00e9o Youtube - Consumption Minute #10 | Discover the true impact of culture in France! ?\ufe0f\" src=\"https:\/\/www.youtube.com\/embed\/Q-IRPIyPbDc?feature=oembed\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div><\/figure>\n<\/div>\n\n<div class=\"container\">\n<h3 class=\"wp-block-heading\"><strong>What you need to know<\/strong><\/h3>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">\u2013&nbsp;<strong>\u20ac50 billion<\/strong>&nbsp;in annual added value generated by the cultural sector;<br>\u2013&nbsp;<strong>750,000 direct and indirect jobs<\/strong>;<br>\u2013&nbsp;<strong>\u20ac37 billion<\/strong>&nbsp;spent by households each year;<br>\u2013&nbsp;<strong>2,082 music and comedy festivals<\/strong>&nbsp;organised across France every year;<br>\u2013 household spending on leisure, culture and enjoyment has remained relatively resilient for several decades.<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">To understand what the resilience of cultural spending reveals about household priorities \u2014 and what 2,082 festivals represent in economic terms:<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">?\u00a0<strong><a href=\"https:\/\/observatoirecetelem.com\/en\/mobility-minute\/culture-france-household-spending-economic-impact\" target=\"_blank\" rel=\"noreferrer noopener\">Discover the full analysis on the Cetelem Observatory<\/a><\/strong><\/p>\n<\/div>\n\n<div class=\"container\">\n<h3 class=\"wp-block-heading\">Find out about l&#8217;Observatoire Cetelem new 2025 consumer study<\/h3>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">In 2023, the Cetelem Consumer Observatory took an interest in the low-cost market and its extension. Today, we look at the evolution of consumption in France, which is very different from that of a few years ago. If you want to dig a little deeper into the subject, discover the complete European study by the Cetelem Observatory on consumption in 2025<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">Find out about the latest Consumption study<\/p>\n<\/div>\n\n<div class=\"container\">\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n<div class=\"container\">\n\n    <div class=\"my-3 text-center\">\n\n        <a id=\"block_c48567eacb148a32d412f70525ad53d3\" href=\"https:\/\/observatoirecetelem.com\/consommer-en-europe-le-plaisir-fait-de-la-resistance\"   class=\"btn btn-border\">\n            FIND HERE THE LATEST CONSO STUDY 2025\n                    <\/a>\n\n    <\/div>\n\n<\/div>\n\n<div class=\"container\">\n<h3 class=\"wp-block-heading\"><strong>Two markets, two relationships with the long term<\/strong><\/h3>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">On one side is an industrial sector asking for long-term visibility and struggling to obtain it.<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">On the other is a cultural sector whose resilience can be measured over decades.<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">Together, they reveal two very different relationships with time:&nbsp;<strong>uncertainty is delaying investment in mobility, while cultural spending continues to demonstrate remarkable resilience.<\/strong><\/p>\n<\/div>\n\n<div class=\"container\">\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-e3964afe wp-block-group-is-layout-constrained\" style=\"border-top-left-radius:28px;border-top-right-radius:28px;border-bottom-left-radius:28px;border-bottom-right-radius:28px;background-color:#dcdcdc;padding-top:var(--wp--preset--spacing--60);padding-right:var(--wp--preset--spacing--60);padding-bottom:var(--wp--preset--spacing--60);padding-left:var(--wp--preset--spacing--60)\">\n<h3 class=\"wp-block-heading\"><strong>FAQ &#8211; October 2025 Mobility &amp; Consumption Minute<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><strong>When will sales of new combustion-engine cars be phased out in Europe?<\/strong><br><\/strong>Under the legislation adopted on 18 April 2023 as part of the European Green Deal, the target date is 2035.<\/li>\n\n\n\n<li><strong><strong>What is the objective of the 2035 measure?<\/strong><br><\/strong>It is part of the European Union\u2019s broader strategy to achieve carbon neutrality by 2050.<\/li>\n\n\n\n<li><strong>What share of European new-car sales is electric?<\/strong><br>Electric cars accounted for around 15% of sales in 2025 at this point in the year, compared with a trajectory that had suggested approximately 25%.<\/li>\n\n\n\n<li><strong><strong>How important is the cultural sector to the French economy?<\/strong><br><\/strong>The cultural sector generates around \u20ac50 billion in added value each year and supports approximately 750,000 direct and indirect jobs.<\/li>\n\n\n\n<li><strong><strong>How much do French households spend on culture?<\/strong><br><\/strong>French households spend approximately \u20ac37 billion on cultural activities and products every year.<\/li>\n\n\n\n<li><strong><strong>Where can the full analyses be found?<\/strong><br><\/strong>Both analyses are available on the Cetelem Observatory website, respectively in its Automotive and Consumption sections.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n<div class=\"container\">\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n    {\n      \"@type\": \"Question\",\n      \"name\": \"When will sales of new combustion-engine cars be phased out in Europe?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Under the legislation adopted on 18 April 2023 as part of the European Green Deal, the target date is 2035.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is the objective of the 2035 measure?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"It is part of the European Union\u2019s broader strategy to achieve carbon neutrality by 2050.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What share of European new-car sales is electric?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Electric cars accounted for around 15% of sales in 2025 at this point in the year, compared with a trajectory that had suggested approximately 25%.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"How important is the cultural sector to the French economy?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"The cultural sector generates around \u20ac50 billion in added value each year and supports approximately 750,000 direct and indirect jobs.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"How much do French households spend on culture?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"French households spend approximately \u20ac37 billion on cultural activities and products every year.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"Where can the full analyses be found?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Both analyses are available on the Cetelem Observatory website, respectively in its Automotive and Consumption sections.\"\n      }\n    }\n  ]\n}\n<\/script>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Every month, the&nbsp;Mobility Minute&nbsp;and the&nbsp;Consumption Minute&nbsp;explore two major trends transforming consumer behaviour in France and across Europe. Presented by Flavien Neuvy, economist and Director of the Cetelem Observatory, these two analyses provide a one-minute overview of the developments shaping the mobility and consumer markets. In October 2025, two major issues stand out: Mobility Minute: uncertainty [&hellip;]<\/p>\n","protected":false},"author":1951,"featured_media":46569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[372,457],"tags":[],"class_list":["post-43404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobilite-en","category-consumption"],"acf":[],"_links":{"self":[{"href":"https:\/\/personal-finance.bnpparibas\/en\/wp-json\/wp\/v2\/posts\/43404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/personal-finance.bnpparibas\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/personal-finance.bnpparibas\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/personal-finance.bnpparibas\/en\/wp-json\/wp\/v2\/users\/1951"}],"replies":[{"embeddable":true,"href":"https:\/\/personal-finance.bnpparibas\/en\/wp-json\/wp\/v2\/comments?post=43404"}],"version-history":[{"count":5,"href":"https:\/\/personal-finance.bnpparibas\/en\/wp-json\/wp\/v2\/posts\/43404\/revisions"}],"predecessor-version":[{"id":46725,"href":"https:\/\/personal-finance.bnpparibas\/en\/wp-json\/wp\/v2\/posts\/43404\/revisions\/46725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/personal-finance.bnpparibas\/en\/wp-json\/wp\/v2\/media\/46569"}],"wp:attachment":[{"href":"https:\/\/personal-finance.bnpparibas\/en\/wp-json\/wp\/v2\/media?parent=43404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/personal-finance.bnpparibas\/en\/wp-json\/wp\/v2\/categories?post=43404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/personal-finance.bnpparibas\/en\/wp-json\/wp\/v2\/tags?post=43404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}