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PSA Deliveries Slide 10% in First Half

PSA Peugeot Citroen sold 1.46 million vehicles worldwide in the January-June period of 2013 compared with 1.62 million units a year earlier.

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PSA Peugeot Citroen sold 1.46 million vehicles worldwide in the January-June period of 2013 compared with 1.62 million units a year earlier.

Group volume in the first half was dragged down by a 13% drop to 855,000 vehicles in Europe. PSA's market share in the region shrank 0.8 points year on year to 12.1%.

The company's sales outside Europe grew 7 percentage points to 41%. Demand for PSA vehicles soared by one-third to 278,000 units in China but dropped 22% to 32,000 units in Russia.

Group deliveries jumped 20% to 146,000 units in South America despite no improvement in Brazil. The increase came from gains of 30% or more in Argentina, Chile and Mexico.

Gardner Business Media - Strategic Business Solutions