Latest Automotive News

Subscribe in a reader

PSA Peugeot Citroen says first half vehicle sales flat

Email   small font medium font large font


PARIS (AP) _ Automaker PSA Peugeot-Citroen said Friday its worldwide sales were flat for the first half as demand for its Peugeot 207 and Citroen C4 Picasso models stabilized its performance in a tough European market.

The group, Europe's second-largest car producer, sold 1,764,000 vehicles worldwide compared to 1,764,500 a year earlier while its share of the European market increased to 14.2 per cent from 14 per cent.

Peugeot-Citroen said it expects ``to see continued improvement in market share'' in Western Europe in the second half of 2007.

The company's first-half sales figures outperformed local rival Renault SA, where vehicle sales fell 3.8 per cent year-on-year.

Peugeot-Citroen's vehicle sales in Western Europe slipped in the first six months of 2007 to 1,234,000 compared to 1,235,200 a year earlier. Sales outside Western Europe were stable at 530,000 units.

Peugeot-Citroen is Europe's second-largest car producer in terms of unit sales after its German rival Volkswagen AG.

Receive the latest automotive news by email!

Enter your email address:

Related news
PARIS (AP) _ PSA Peugeot Citroen SA, Europe's second-largest carmaker after Volkswagen AG, said Wednesday its vehicle sales were virtually flat in 2005 and said its operating profit ...
PARIS (AP) _ French automaker PSA Peugeot-Citroen reported Wednesday that first-half earnings rose 60 per cent on rising demand, better pricing and the rollout of new models. Europe's second-largest car maker after Volkswagen ...
French carmaker PSA Peugeot-Citroen is cutting 10,000 jobs, or seven per cent of its European workforce, and is imposing a hiring freeze as it tries to cut costs amid a ...
PARIS (AP) _ PSA Peugeot Citroen reported a 37 per cent drop in 2005 net profit as fierce price competition and weaker car sales in Europe, higher raw material prices and an ...
French automaker Peugeot Citroen, which is trying to revive its model lineup and contain costs, on Tuesday named former Airbus CEO Christian Streiff as chief executive of Europe's second largest ...
French automaker PSA Peugeot Citroen SA said Monday it has agreed to study possible cooperation with Malaysian state-controlled auto group Proton that would give the French group a strong foothold ...
Mitsubishi Motors Corporation (MMC) announces today that it has decided to transfer production of all EU-bound SUVs it supplies to PSA Peugeot Citroen from its Mizushima Plant (Kurashiki, Okayama Prefecture), where they are ...

Best Investment Newsletter

- 46% in 2008

- invest in the best performing US stocks only and sell them when the uptrend is over

- very easy to follow, simple buy/sell signals

- no need to have investing or trading experience

Find More Now!

PSA Peugeot Citroen says first half vehicle sales flat
> © 2006-2017 except where otherwise noted