Connect with us

Hi, what are you looking for?


Emerging sales boost Peugeot Citroen

PARIS, Jan 13, 2011 – French automaker PSA Peugeot Citroen said on Thursday that sales outside Europe accounted for 39 percent of a record 3.602 million units sold in 2010, offsetting a decline in its traditional core European market.

The group\’s market share in Europe improved to 14.2 percent from 13.8 percent in 2009, but demand in Europe dropped by 4.0 percent as government car-buying incentives expired.

The proportion of sales outside Europe rose to 39 percent from 34 percent in 2009, with overall auto demand in China rising 30 percent and Latin America rising 14 percent.

In China, Peugeot Citroen sold 375,600 vehicles, an increase of 38 percent, for a market share of 3.3 percent.

The group\’s market share in Latin America reached 5.4 percent, a 0.2 percent increase from 2009, with sales rising 26.5 percent to 294,300 units.

Click to comment

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...


NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...


NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...


NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...


NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...