Groupe PSA announces its global sales rise by 38.1% in first half of the year

By Bruno Reis

The French automobile manufacturer, Groupe PSA, has confirmed a 38.1% rise in its total global vehicle sales in the first half of 2018, compared to the same period of the previous year.

The firm sold 2,181,800 units in the first six months of the year, setting a new all-time record.

The sales growth has been linked to the launch of 13 SUV models from Peugeot, Citroën, DS Automobiles, Opel and Vauxhall.

With more than 609,300 SUVs sold, the vehicles accounted for almost 28% of the company’s total sales.

SEE ALSO:

Peugeot led the sales of SUV units, having sold 339,200 vehicles in the six months to June – 55% of the group’s total figures, whilst also demonstrating a 26% increase of SUV sales compared to 2017.

“The first half of 2018 confirms the stellar momentum enjoyed by the Peugeot brand’s SUV range,” stated Jean-Philippe Imparato, CEO of Peugeot.

“With more than 339,200 units sold worldwide, the brand ranks first in the European SUV market, with the PEUGEOT 2008, 3008 and 5008, up 26% on a record year in 2017.”

“With the pending launches of the new PEUGEOT 508 and the new PEUGEOT Rifter, we have all the assets we need to consolidate our performance in what promises to be an exciting second half.”

Share

Featured Articles

Meet the COO: Brook Sims of MAC Diversity Recruiters

Passionate about helping others find their voice, diversity leader and COO Brook Sims talks powerful leadership, diverse teams and being a change agent

Best business books to improve leadership strategy

From strategic guides to inspiring CEO memoirs, these new books dish up plenty of principles, strategies, and anecdotes to help you become a better leader

Shoplazza founder and CEO Jeff Li, ex Baidu, on leadership

Named in Fortune China’s 40 under 40 for 2022, former Baidu head Jeff Li is the entrepreneurial founder and CEO of ecommerce platform Shoplazza

The office shifts to new way of working – workplace special

Leadership & Strategy

Trailblazer: Clorox's DEI leader Shanique Bonelli-Moore

Sustainability

The inspirational CEO story – Dean Forbes of Forterro

Leadership & Strategy