April 2003

- by Trish Whelan

PSA Group increases sales

27 April 2003: PSA Peugeot Citroen consolidated sales for the first three months of 2003 amounted to E13,841 million, a 3.0% increase from the E13,439 million reported in first-quarter 2002.

The Automobile Division sales rose by 3.1% during the quarter to E11,222 million, while worldwide unit sales were up 1.7% to 823,800 vehicles.

In Western Europe, where demand for passenger cars and light commercial vehicles contracted by 2.6% in the first quarter of 2003, PSA Peugeot Citroën increased registrations by 2.5%, driving further gains in market share, to an aggregate 16.4% from 15.5% at March 31, 2002.

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