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PSA Peugeot Citroen says first half vehicle sales flat

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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.

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PSA Peugeot Citroen says first half vehicle sales flat
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