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PSA registrations down 2.3% in first half of 2005

PSA Peugeot Citroën has announced that it sold 1,754,000 vehicles in the first six months of 2005, consisting of 1,028,000 Peugeots and 726,000 Citroens. This represents a 0.6% increase from the previous year’s period.

PSA registrations declined 2.3% to 1,292,000; 687,000 for Peugeot and 604,000 for Citroen. As a result, the group’s market share came to 14.6% (7.8% for Peugeot and 6.8% for Citroen), versus 15% in the first half of 2004 and 14.2% in the second half of 2004.

In the United Kingdom, PSA’s third-largest market in terms of unit sales, group market share came to 10.1%. Registrations fell by 12.9% to 149,000 from 171,000 in the previous year’s period, while the overall British market shrank by 4.9%.

Outside western Europe, sales continued to show strong growth, despite lower demand in central Europe and Turkey. Registrations totalled 510,000; 365,000 Peugeots and 145,000 Citroens, an increase of 9% from the previous year’s period.

Unit sales outside western Europe accounted for 29.1% of the worldwide total, compared with 26.9 % in the first half of 2004 and 28.2% in the full-year 2004.

PSA turned in a record performance in the second quarter, increasing sales to 932,000. The group said it expects moderate sales growth in 2005.

PSA Peugeot Citroen results:

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