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Profile
PSA Peugeot Citroën holds on to global market share of 5% in 2008, standing firm in strongly falling markets.
In 2008, the Group maintained market share at 13.8% in Western Europe. In a market that contracted by 5.7%, Group sales of vehicles and CKDs slipped 4.9% to 3,260,000 units.
In 2008, PSA Peugeot Citroën continued its expansion in South America, slightly increasing its market share to 5.5%.
In China, the Group had a difficult year. Registrations fell by 12.7% on 2007.
In Russia, sales surged by 67% in 2008.
Against an extremely difficult economic backdrop, PSA Peugeot Citroën was able to build on strong assets in 2008, notably the success of the new Peugeot 308 and Citroën C5. The Group also confirmed its environmental leadership. For the third year running, it sold more than one million vehicles emitting less than 140g of CO2/ km.
PSA Peugeot Citroën also consolidated its leadership in Western Europe on the light commercial vehicles market. With the launch of the Citroën Nemo, Peugeot Bipper and new Citroën Berlingo and Peugeot Partner, the Group took market share of 19.9%.
In addition to car manufacturing, the Group includes:
- Faurecia, which manufactures automotive equipment, including car seats, exhaust systems and other components. Faurecia is the European leader and number two worldwide in most of its businesses.
- Gefco, which furnishes transportation and logistics services, ranking number two in France.
- Banque PSA Finance, which federates the Group’s finance companies.
- Peugeot Motocycles, the third-largest European manufacturer of scooters and motorcycles in the 50 to 125 cc range.
Find out more about the strategy of the PSA Peugeot Citroën Group
More information on the history of the PSA Peugeot Citroën Group
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