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 | |||||||
Western Europe | Peugeot | 725,300 | Peugeot | 690,000 | ||||
Citroen | 601,700 | Citroen | 585,000 | |||||
Total PSA | 1,327,000 | Total PSA | 1,275,000 | |||||
Outside Western Europe | Peugeot | 238,100 | Peugeot | 331,000 | ||||
Citroen | 124,100 | Citroen | 137,000 | |||||
Total PSA | 362,200 | Total PSA | 468,000 | |||||
Total | Peugeot | 963,400 | Peugeot | 1,021,000 | ||||
Citroen | 725,800 | Citroen | 722,000 | |||||
Total PSA | 1,689,200 | Total PSA | 1,743,000 | |||||
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