Today 09/23/2016 - 05:35:23 PM
Peugeot SA 13.525€
CAC 40 4,488.69 PTS
PSA Peugeot Citroën reported record sales in Argentina over the first five months of 2013. A total of 62,240 vehicles were sold in the country, for a year-on-year increase of 28.6%.
In a fast-growing market that gained 8.8% over the period, Peugeot sales rose by 24.7% and Citroën sales by 38.7%. The Group's market share now stands at 15.2%, of which 10.6% for Peugeot and 4.6% for Citroën.
PSA Peugeot Citroën is currently Argentina's second largest carmaker in terms of sales and the only one in the top three to enjoy growth over the first five months of the year.
This dynamic gained further momentum in May, with in particular an excellent performance by the Citroën brand, whose sales surged more than 80%, lifted by the new C3 and the Berlingo light commercial vehicle.
The Group is therefore capturing all of the growth in the Argentine auto market, while further demonstrating its vitality at the Buenos Aires International Motor Show, which opened to the media on 19 June.
PSA Peugeot Citroën is pursuing its globalisation strategy, with the successful renewal of its line-ups in Latin America, and is on track to achieve its target of generating 50% of sales outside Europe in 2015.