PSA: 1.9 million units sold in first half-year
(CercleFinance.com) - The PSA group this Monday announces having sold 1.
9 million units worldwide in the first half of 2019, showing a strengthening of its positions in Europe with a market share up 0.3 points to 17.4%.
“This performance is driven by the excellent results of Citroën, which has achieved an eight-year sales record with the strongest growth within the Top 12 brands. As a result, the brand has gained 0.3 point in market share in Europe, thanks in particular to the success of its SUV range (C5 Aircross and C3 Aircross)”, states the group.
In the other geographical areas, PSA's market share has increased in Morocco, Egypt, Algeria and Turkey. However, in China, sales are down (-62.1%) in a heavily declining market. In Latin America, sales are down -29.3% although they are up in India Pacific +2.3%.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
9 million units worldwide in the first half of 2019, showing a strengthening of its positions in Europe with a market share up 0.3 points to 17.4%.
“This performance is driven by the excellent results of Citroën, which has achieved an eight-year sales record with the strongest growth within the Top 12 brands. As a result, the brand has gained 0.3 point in market share in Europe, thanks in particular to the success of its SUV range (C5 Aircross and C3 Aircross)”, states the group.
In the other geographical areas, PSA's market share has increased in Morocco, Egypt, Algeria and Turkey. However, in China, sales are down (-62.1%) in a heavily declining market. In Latin America, sales are down -29.3% although they are up in India Pacific +2.3%.
Copyright (c) 2019 CercleFinance.com. All rights reserved.