/ Citroen, Industry, News, Peugeot, Sales Reports / PSA lifts half-year sales on Europe and China

PSA lifts half-year sales on Europe and China

Linked In Share
PSA lifts half-year sales on Europe and China

The second largest European carmaker, PSA Peugeot Citroen, announced its January to June deliveries modestly grew by 5.5%, buoyed by stronger demand in Europe and China.

During the latest turn of events, PSA has intensely fought in recent years to shed its dependence on the core home region, going as far as to secure a cash tie-up with its most important Chinese partner – Dongfeng Motors. Now, on a global basis, the French automaker saw its business dip because of currency issues. The only exceptions, China, the world’s largest single auto market and Europe, which is finally seeing the long-awaited recovery.

“We are becoming a little more dependent on Europe again, which is bad news for our internationalization goal,” said Peugeot brand chief Maxime Picat. “But we’re not going to complain if Europe is doing better. The rouble-euro exchange rate is particularly devastating,” he added.

The six months tally is now at 1.54 million units, up from 1.46 million cars for the same period last year. Under new Chief Executive Carlos Tavares, the Paris-based company has returned to gain back some European market share – on the back of new model entries and rising sales in France, Spain and Britain. Overall in the region deliveries were up 11.7% to 956,000 cars and trucks, while in China sales rose 28%.

Via Reuters

by Aurel Niculescu (my Google+) - Friday, July 18th, 2014 - filed under Citroen, Industry, News, Peugeot, Sales Reports. Image credit: .
Linked In Share
Related Articles
china europe half year rise sales


Discuss: PSA lifts half-year sales on Europe and China

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Rosberg punished but Mercedes duo ‘free to race’
Rosberg punished but Mercedes duo ‘free to race’Aug.29 (GMM/Inautonews.com) Nico Rosberg apologised to his teammate Lewis Hamilton and Mercedes on Friday, after the German was ...
Can Ricciardo do a Prost ’86?
Can Ricciardo do a Prost ’86?For the third time this season, Mercedes faltered in their 1988-esque campaign and there’s only one man ready to pounce ...
Test Drive – Mercedes-Benz E250 CDI 4Matic
Test Drive – Mercedes-Benz E250 CDI 4MaticDaimler’s passenger cars division – which consists of the Mercedes-Benz and Smart brands – has vowed to recover the ...
Australia – Lexus NX pricing confirmed
Australia – Lexus NX pricing confirmedToyota’s luxury brand Lexus has recently confirmed the official price list of the new NX across Australia, where the model in ...
[VIDEO] 2016 BMW X6 M spotted on the Ring
[VIDEO] 2016 BMW X6 M spotted on the RingThe newest model to be caught on camera while being tested out on the famous German track the Nurburgring is the 2016 BMW X6 ...
Mercedes-Benz SLK 200 Carbon Look Edition launched in Japan
Mercedes-Benz SLK 200 Carbon Look Edition launched in JapanMercedes-Benz has introduced a new special edition of its cheapest roadster, the SLK, on the Japanese automotive market. The ...
[VIDEO] 2016 BMW 7-Series LWB spied
[VIDEO] 2016 BMW 7-Series LWB spiedA long wheelbase version of the new generation BMW 7-Series has been spied while it was being tested out on the Nurburgring. The ...
Recall roundup: Suzuki Kizashi for spider problems
Recall roundup: Suzuki Kizashi for spider problemsSuzuki has announced a recall for the Kizashi models because of spider problems which seem to love the fuel tanks of the ...
[VIDEO] Mercedes-Benz AMG GT gets new teaser
[VIDEO] Mercedes-Benz AMG GT gets new teaserA new teaser video with the upcoming Mercedes-Benz AMG GT has been officially released, confirming its official unveil scheduled ...
[VIDEO] 2015 Porsche Cayenne GTS spied on the Ring
[VIDEO] 2015 Porsche Cayenne GTS spied on the RingPorsche is currently testing out a new version of the Cayenne, the Cayenne GTS, which is believed to pack a new engine. The 2015 ...
BMW 2-Series Family Tourer rendered
BMW 2-Series Family Tourer renderedThe first rendering with the upcoming BMW 2-Series Family Tourer has ended up onto the web, providing us with a first look of the ...
New Mercedes-Benz C220 BlueTEC gets updated by Schmidt Revolution
New Mercedes-Benz C220 BlueTEC gets updated by Schmidt RevolutionGerman tuning company Schmidt Revolution has worked its magic on the new-gen Mercedes-Benz C-Class generation, providing an ...
[VIDEO] See a Lamborghini Huracan hit 340 km/h
[VIDEO] See a Lamborghini Huracan hit 340 km/hA Lamborghini Huracan supercar has been recently taken from 0 to an impressive 340 km/h and this is extremely impressive, ...
Australian recall roundup: Jeep Grand Cherokee for rear blinkers issue
Australian recall roundup: Jeep Grand Cherokee for rear blinkers issueThe North American based automaker Jeep has recently announced a recall for several Grand Cherokee vehicles, because of a ...
2015 Volkswagen Jetta gets priced over-seas
2015 Volkswagen Jetta gets priced over-seasThe 2015 Volkswagen Jetta has been recently priced in the United States, where the model in question is now available from 16,215 ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

MB_E250CDI_DSC1615
Mercedes-Benz SLK 200 Carbon Look Edition 1
Mercedes-Benz C220 BlueTEC Schmidt Revolution tuning 1
2015 Mercedes-Benz C63 AMG interior 1
aston martin lagonda 1
audi r8 gt crash south africa 1
cadillac-ats
Spy-Shots of Cars
Spy-Shots of Cars
Chevrolet Niva Concept 1
BMW M5 f10 tuning dinan 1
Opel Mokka Moscow Edition 1

More automotive from inautonews
For the third time this season, Mercedes faltered in their 1988-esque campaign and there’s only one man ready to pounce whenever opportunities arise. Daniel Ricciardo rides a massive wave of confidence as more experts throw in comparisons with Professor Prost. You can’t help but think of ...
read more
Inautonews Editors Section
Can Ricciardo do a Prost ’86?
Can Ricciardo do a Prost ’86?For the third time this season, Mercedes faltered in their 1988-esque campaign and there’s only one man ready to pounce whenever opportunities ...
Test Drive – Mercedes-Benz E250 CDI 4Matic
Test Drive – Mercedes-Benz E250 CDI 4MaticDaimler’s passenger cars division – which consists of the Mercedes-Benz and Smart brands – has vowed to recover the distance from its German ...
Top 10 Ferrari F1 drivers No.2 Alberto Ascari
Top 10 Ferrari F1 drivers No.2 Alberto AscariLike his father he was so fast, sometimes perhaps too fast. In pure natural speed and car control no driver could hold a candle to Alberto Ascari in ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety Recall roundup: Suzuki Kizashi for spider problemsSuzuki has announced a recall for the Kizashi models because of spider problems which seem to love ... Australian recall roundup: Jeep Grand Cherokee for rear blinkers issueThe North American based automaker Jeep has recently announced a recall for several Grand Cherokee ...
Safety Section