peugeotcitroen struggles on sales front
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Peugeot-Citroen struggles on sales front

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Peugeot-Citroen struggles on sales front

Paris - Afp

France\'s biggest car maker PSA Peugeot Citroen logged stable worldwide sales of 1.86 million vehicles in the first half of 2011, with a weakened performance in Europe, it said on Tuesday. Worldwide sales rose fractionally by 0.2 percent compared to the same period last year but sales were down 5.3 percent in Europe, where some governments have recently wound down trade-in schemes for old motors. \"Dragged down by the elimination of remaining scrappage incentives, traditionally strong markets for the Peugeot and Citroen brands reported weak growth or strong declines,\" the firm said in a statement. However, \"global automobile markets rose by six percent in the first half of 2011,\" led by demand for passenger cars in China and passenger cars and light commercial vehicles in Latin America and Russia, it added. \"In Europe, the passenger car and light commercial vehicle market declined by 0.8 percent overall, reflecting a still challenging business environment, with performances widely varying by country.\" Sales fell 25 percent in Spain and 12 percent in Italy, and grew by two percent in France and 11 percent in Germany. In Russia they soared 65.5 percent to 35,400 vehicles. France\'s second-biggest automaker Renault on Monday reported that first-half vehicle sales fell 7.4 percent in Europe but said it expected record sales worldwide thanks to booming emerging markets. Renault\'s sales rose 1.9 percent to 1.37 million vehicles worldwide, but in Europe they fell 7.4 percent to 831,700 units. Renault said it was hoping to sell more than 2.6 million vehicles over the whole of 2011, as its international sales improved, diverging from its weaker performance in France and throughout Europe. PSA Peugeot Citroen echoed this reliance on non-European markets. \"The Group is confirming its target of generating 50 percent of sales outside Europe in 2015,\" it said. Its executive vice president for brands, Jean-Marc Gales, said in Tuesday\'s statement the company is successfully \"shifting the model range mix further upmarket.\" It plans soon to launch the world\'s first diesel-electric \"hybrid\" car, the Peugeot 3008 HYbrid4, and a new version of its classic DS model, the DS5.

GMT 00:59 2018 Friday ,19 January

BMW aims to reignite US car sales

GMT 09:01 2018 Thursday ,18 January

EU car sales top 15-mn barrier in 2017: data

GMT 17:32 2018 Tuesday ,16 January

Fiat Chrysler won't sell Jeep

GMT 06:56 2018 Tuesday ,16 January

Lamborghini races to new sales record

GMT 22:50 2018 Sunday ,14 January

Tesla faces fresh Norway lawsuit

GMT 22:46 2018 Sunday ,14 January

BMW drives to new sales record
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

peugeotcitroen struggles on sales front peugeotcitroen struggles on sales front

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

peugeotcitroen struggles on sales front peugeotcitroen struggles on sales front

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 05:56 2017 Thursday ,16 November

Siemens layoff plan promises showdown

GMT 09:08 2015 Monday ,30 November

Shanghai volatile after slump

GMT 04:38 2015 Saturday ,18 July

All Blacks still well off World Cup pace

GMT 13:21 2014 Sunday ,28 December

Abras prove a hit with Global Village visitors

GMT 23:36 2012 Saturday ,26 May

N Korea\'s West coast affected by severe drought

GMT 10:37 2013 Tuesday ,31 December

Pussy Riot member wants Putin out

GMT 10:54 2018 Thursday ,04 January

Djokovic to test elbow injury in Melbourne

GMT 14:09 2017 Wednesday ,20 September

Messi hits four as Barca maintain perfect start

GMT 06:30 2017 Tuesday ,28 November

Sudan and Russian sign nuclear agreement

GMT 21:40 2016 Monday ,02 May

Actor Wael Nour dies at age 55

GMT 08:42 2017 Sunday ,10 December

Galadari Trucks and Heavy Equipment,Komatsu join

GMT 07:46 2012 Friday ,24 February

Bobbi Kristina\'s problems \'out of control\'

GMT 08:11 2011 Saturday ,01 October

Ancient copper sword discovered in E. China
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice