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.