Of these, 1,021,000 Peugeots and 722,000 Citroën. PSA says this puts the group on track to achieve its objective of a “modest” increase in full-year sales.
In a European market for passenger cars and light commercial vehicles that rose by 3.7% during the first half, registrations of PSA Peugeot Citroën vehicles declined by 1.7% to 1,324,000 units.
For the period, the group’s share of the European market stood at 15% (8.1% for Peugeot and 6.9% for Citroën), compared with 14.8% in the second half of 2003. These results are in line with the group’s forecast of stable sales in Europe in the first half of 2004, in the run-up to new vehicle launches.
In the UK, where the market expanded by 3%, group registrations decreased by 8.6% to 171,000, versus 187,000 for the first six months of 2003, for a market share of 11.1%. PSA Peugeot Citroën enjoyed a record second quarter.
Sales accelerated sharply, totalling 917,000 units for the period, a 6% increase over the second quarter of 2003, on the back of new product launches.
|June 30, 2003||June 30th, 2004|
|Total PSA||1,327,000||Total PSA||1,275,000|
|Outside Western Europe||Peugeot||238,100||Peugeot||331,000|
|Total PSA||362,200||Total PSA||468,000|
|Total PSA||1,689,200||Total PSA||1,743,000|