Tweet
PSA Groupe - Worldwide sales up 38.1% in the first half of 2018

PSA Groupe - Worldwide sales up 38.1% in the first half of 2018

12.07.2018: • Groupe PSA sold 2,181,800 vehicles[1] worldwide, a new all-time record and a 38.1% growth compared with the first half of 2017

•    Groupe PSA sold 2,181,800 vehicles[1] worldwide, a new all-time record and a 38.1% growth compared with the first half of 2017


•    SUV product offensive: sustained success supporting the Group’s profitable growth


•    Strengthened European leadership in light commercial vehicles (LCV) for Peugeot, Citroën and Opel/Vauxhall, with a 25.3% market share
 




Groupe PSA’s SUV offensive with 13 models[2] launched worldwide by the five brands – Peugeot, Citroën, DS Automobiles, Opel and Vauxhall – drove the Group’s robust sales momentum in the first half of 2018.



At more than 609,300 units, SUV sales accounted for nearly 28% of the Group’s sales. The success of these models has made Groupe PSA at the end of May, number two in this segment in Europe, with a market share of 16.9%, and number one in the B-SUV segment.



Peugeot is the leading brand in the SUV segment in Europe, selling more than 339,200 SUVs worldwide (up 26%) in the first half of 2018. Since the beginning of the year, Peugeot confirms the upward trend of the PEUGEOT 3008 SUV, with 144,000 units sold (up 37%); it has also enjoyed strong demand for the new PEUGEOT 5008, which has logged 58,900 unit sales.



The Citroën SUV offensive launched last autumn is being driven by the C3 Aircross in Europe and the C5 Aircross in China, which together represented nearly 80,000 units sold in the first half of 2018, for a total of 135,000 since their launch.




 The launch of the C4 Aircross in China and the C5 Aircross in Europe in the second half will allow Citroën to accelerate its offensive.



Launched worldwide in February 2018, the DS 7 CROSSBACK, first DS of the second generation is key to growth at DS Automobiles, which came up to +35% in the second quarter.



 Two out of three customers choose the top-of-the-line versions, and while the DS 7 CROSSBACK offers premium equipment from the entry level, every second customer chooses the DS CONNECTED PILOT option, which opens the way to level 2 autonomous driving.



The Opel and Vauxhall brands are also conducting a major product offensive in the SUV segment with the X-family, which includes the Crossland X, Mokka X, and Grandland X. This represents 167,200 sales in the first half of 2018 for the two brands, which remain also focused on improving profitability in line with the PACE! strategic plan.
 
 


Groupe PSA sets a new record for LCV sales, with 289,500 units sold, up 32.8%  Excluding Opel/Vauxhall, the increase was 8.3%.



Following the renewal of compact vans in 2016, the Group will take a fresh step in the upgrade of its LCV line-up in the second half with the release of a new generation of B-LCV (PEUGEOT Partner, CITROËN Berlingo Van and OPEL/VAUXHALL Combo).



In Europe, already leading the market with more than one in four sales to its name, Groupe PSA is also the leader at the end of May in the sub segments of B-LCV with market shares of 35.2%, and in medium van with market shares of 26.2%.



The Group’s LCV offensive continued outside Europe. In Eurasia, sales were up 9%, including local production of the new PEUGEOT Expert and CITROËN Jumpy introduced in first-half 2018. In Latin America, the updated product and service offering fed into volume growth of 27.8%.
 





Europe: growth and performance



In Europe, consolidated sales totalled 1,673,700 units, up 61.5%, of which 550,900 Opel and Vauxhall vehicles. The Group’s market share expanded by 6 points to 17.2%.


For Peugeot-Citroën-DS Automobiles alone, the Group’s market share is growing in its main markets: France (up 0.3 points), Spain (up 0.8 points), Italia (up 1.1 points), United Kingdom (up 0.2 points) and Germany (up 0.2 points). Its performance was further enhanced by the consolidation of Opel/Vauxhall, particularly in Germany (market share of 10.4%) and the United Kingdom (14.8%).



Peugeot has made the most progress of all the brands since the beginning of the year. The PEUGEOT 2008 and PEUGEOT 3008 ended in May in second and third place in their respective segments, and the new PEUGEOT 508 has been very well received, with more than 2,000 orders placed since its launch, including 1,000 for the First Edition version, which can only be ordered online.



Citroën’s sales grew by 7.4%, reaching a seven-year high in Europe. This performance allowed it to gain market share, in particular thanks to the C3, which now ranks in the top 5 in its segment, the New C4 Cactus launched in March (up 35% in the second quarter) and the new C3 Aircross SUV (with more than 90,000 orders in Europe since its launch in October).



The DS brand grew by 25.1%, with accelerated growth of 43% in the second quarter. In its biggest market, France, DS 7 CROSSBACK has been the leader in its category in the C-SUV premium market for three consecutive months. With 110 sales outlets opened over the last six months in Europe, bringing the total to 260 dedicated sites, the development of the DS network is intensifying.



Opel/Vauxhall is continuing its product offensive in Europe, driven by the X-Family, and is the leading brand in the B-SUV segment with 122,600 units Mokka X & Crossland X sold. After launching the sporty Insignia GSi, the brand will also release a GSi version of the Corsa in the second half. The new Combo Life & Cargo models will also contribute to the new momentum.




 
Middle East & Africa: regional deployment and continuation of the Group’s product offensive




In a shifting regional environment, the Group’s sales amounted to 226,100[3] units, down 18.6% due to the fact that sales of vehicles produced in Iran have not been included in consolidated global sales since 1 May.



The Peugeot brand’s market share continued to grow in Tunisia, in Turkey, in Egypt and remains market leader in France’s overseas departments.



Groupe PSA has pursued its strategic plan to expand its manufacturing base with the signing last March of a joint venture agreement to start up a Peugeot and Opel assembly plant in Walvis Bay, Namibia, and begin assembly of the Peugeot Pick-up in Tunisia in September 2018.



The Group is expanding its commercial footprint, particularly in Egypt, where it has signed a new import agreement with the Mansour Group and Scope Investment for the distribution of Peugeot products. In South Africa, Lebanon, Tunisia and Morocco, the Group selected distributing partners for Opel.



Lastly, Groupe PSA is pursuing its product offensive in the region, in particular with the ramp-up of the SUV range:  CITROËN C3 Aircross, OPEL Crossland X and Grandland X, DS 7 CROSSBACK and PEUGEOT 3008, which is among the top three sellers in its segment in France’s overseas departments and Turkey.



The DS brand is continuing to build its network, and totals now 12 DS Stores and DS Salons in the region.
 



China & South East Asia: continued sales recovery



With sales of 163,000 vehicles in China & South East Asia, up 6.9%, the Group has seen the first signs of a sales recovery. Citroën was the biggest contributor to the improvement, with sales up 50.5%, thanks to its range of sedans and the local launch of the C5 Aircross SUV last September.



The volume mix of the PEUGEOT 3008/4008/5008 SUV family is also improving, representing 40% of the brand’s total sales volumes.



DS Automobiles sales are stable in the second quarter of 2018. In China, the DS 7 CROSSBACK was launched at the Beijing Motor Show in late April 2018.


During the first half, the Group made significant progress in strengthening its operations in South East Asia with the creation of a joint venture with Naza Corporation Holdings (Malaysia). The Group has sold over 4,900 vehicles in ASEAN area in the first half of this year. The acceleration in this part of the region is now noticeable.
 




Latin America: growth despite headwinds



Groupe PSA made 98,000 sales in Latin America, an increase of 1.7%, leaving its market share stable at 3.9%. This growth has been achieved despite a significant decline in the Argentinian market (down 18% in June vs 2017), where the Group’s market share is greatest.


In Argentina, DS Automobiles consolidated its fourth place position in the premium market thanks to the DS 3, the leading vehicle in its class for the fifth consecutive year.



Volume growth was driven by the LCV (up 27.8%) and SUV (PEUGEOT 3008 and 5008) offensives.



Coming launches in the region include the CITROËN C4 Cactus (made in Brazil) and the DS 7 CROSSBACK, as well as the OPEL Crossland X in Chile.
 


India-Pacific:  13,300 cars sold, up 25,1%



Growth sales was a strong 25% in Japan and reached a significant 18% in South Korea, whilst the restart in Australia and New Zealand showed encouraging progress.



The PEUGEOT 3008 and 5008 were successful throughout the region, as was the Citroën C3 in Japan.
 




Eurasia: sales up 18.1%


The Group made headway in the both region’s major markets: Russia (up 19%) and Ukraine (up 32%), with a total of 7,700 units sold.


Its growth was driven by good momentum for the PEUGEOT 3008, the C4 Sedan and the LCV market, with the new PEUGEOT Expert/CITROEN Jumpy and PEUGEOT Traveller/CITROEN SpaceTourer models manufactured in Kaluga. LCV sales increased by 9% in the region as a whole.
 


Jean-Philippe Imparato, Chief Executive Officer, Peugeot, said:
“The first half of 2018 confirms the stellar momentum enjoyed by the Peugeot brand’s SUV range. 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.”



Linda Jackson, Chief Executive Officer, Citroën, said:
“The first half confirms Citroën’s offensive, with 9% growth in our global sales. This result was driven by sales at a seven-year high in Europe, allowing us to gain market share in both passenger cars and LCVs, and a rebound of more than 50% in China.



 These performances highlight the success of our most recent launches: the C3, the New C4 Cactus and our C3 Aircross SUVs in Europe and C5 Aircross in China. And this trend will continue in the second half with the launch of the new Berlingo and C4 Aircross SUVs in China and the C5 Aircross in Europe !”



Yves Bonnefont, Chief Executive Officer, DS Automobiles, said
“The strong growth enjoyed in the first half of 2018 reflects the commercial launch of the DS brand. With the launch of the DS 7 CROSSBACK, the first second-generation DS, the development of our exclusive network around the world and the rollout of Only You, the DS customer experience, this is our strategic plan which is implemented and demonstrates its efficiency.”



Michael Lohscheller, Chief Executive Officer, Opel/Vauxhall, said
: “Our portfolio is more popular than ever especially our X-champs are cars that are loved by our customers and ensure a competitive top-position in the highly attractive SUV-segment. The new Combo will be another extremely important step for us.



The passenger version Combo Life with its huge interior space and top technologies opens up unprecedented opportunities in the growing B-Van segment, while the Combo Cargo will contribute to the growth targets we have set ourselves in the LCV market.”
 




[1] As from 1 August 2017, the Group’s scope of consolidation includes the sales volumes of Opel and Vauxhall.

In line with the Group’s decision to initiate the process of suspending its operations in Iran, vehicles manufactured in Iran are no longer included in consolidated global sales, as of 1 May 2018.


[2] PEUGEOT 2008, 3008, 4008 and 5008, CITROËN C3-XR, C3 Aircross, C4 Aircross and C5 Aircross,DS 6 WR China  and DS 7 CROSSBACK, OPEL / VAUXHALL Crossland X, Mokka X, and Grandland X


[3] In line with the Group’s decision to initiate the process of suspending its operations in Iran, vehicles manufactured in Iran are no longer included in consolidated global sales, as of 1 May 2018.



- PSA  -

Permanent-URL: http://www.automobilsport.com/psa-grupe-worldwide-sales-up-first-half-2018---178657.html

12.07.2018 / MaP

More News

Porsche has again delivered more vehicles in the first half of the year
12.07.2018
Deliveries of the iconic Porsche 911 sports car up by almost 30 per centThe positive trend has continued: With 130,598 vehicles delivered worldwide in just the first six months of 2018, Po more >>
Audi and Huawei sign memorandum of understanding for strategic cooperation
11.07.2018
Audi intends to join forces with Chinese technology corporation Huawei to develop projects in the area of Intelligent Connected Vehicles        Advancement of automated driving and the digitalization of services in the vehicle environment        Pilot project in Wuxi, China, to test new mobile communic more >>
Hybrid drives continued sales growth for Lexus in Europe
10.07.2018
    Lexus Europe* sold 38,543 vehicles in the first half of 2018, an increase of 7% vs. last year    Self-charging hybrid vehicles represented 95% of sales in Western and Central Europe    Sales increase led by renewed NX and CT, as well as continued success of RX    More th more >>
Audi sales grow by 4.5 percent in the first half of the year
10.07.2018
Worldwide around 949,300 deliveries since January        June demand down 3.8 percent        Interim CEO and Sales chief Bram Schot: “Performed well despite the difficult environment” more >>
SEAT - Decisive boost to the globalisation strategy
09.07.2018
 SEAT signs an agreement to team up with the joint venture between Volkswagen Group China and JAC •    SEAT to become a shareholder of the company created by Volkswagen Group China and JAC and will be the Group’s lead more >>
Acura RDX Snaps Multiple Sales Records Amidst 2019 Model Launch
03.07.2018
    Best month ever for the RDX and for any Acura SUV    Best sales month for any Acura model in more than a decadeThe all-new 2019 Acura RDX compact luxury SUV came out of the gate at full gallop, hel more >>
American Honda Sets New June Sales Records on Strength of Light Trucks
03.07.2018
    Light trucks lift American Honda to new June records for total vehicles and trucks    Acura RDX sets all-time best sales month and all-time record month for any Acura SUV on gain of 37%  &nb more >>
Cesar Habib - new Rolls Royce Motor regional director Middle East and Africa
03.07.2018
Rolls-Royce has announced that César Habib has been appointed as Regional Director, Middle East & Africa from 1 August 2018. He will be based in Dubai.Habib joined Rol more >>
SEAT to lead the Volkswagen Group’s expansion in North Africa
22.06.2018
STRATEGIC PILLAR FOR GLOBALISATION   •    The Group decentralises its territorial structure to gain speed and efficiencySEAT has been designated by the Volkswagen AG to lead the Group’s growt more >>
Daimler adapts earnings expectations
21.06.2018
Today, due to current developments, Daimler AG has made a new assessment of the earnings potential for the year 2018. From today's perspective, the decisive factor is that, at Mercedes-Benz Cars, few more >>
Abraham Schot takes over as interim Chairman of the Board of Management of Audi
19.06.2018
...with immediate effect The Supervisory Board of AUDI AG has decided to transfer the duties of the Board of Management Chairman to Abraham Schot on a temporary basis with immediate effect.As previously reported, Audi CEO Ru more >>
RCI Bank and Services acquires an 75% majority interest in iCABBI
19.06.2018
On June 8, 2018, RCI Bank and Services acquired a 75% majority interest in iCabbi, a dispatch management1 company for automotive fleets of taxis and PHVs2 that is currently reporting the highest growth rate on the market.Thanks to iCab more >>
Mercedes-Benz Trucks to invest about 50 million euros in expansion of the Development and Test Center
15.06.2018
Almost precisely ten years after the ceremonial opening of the Development and Testing Center (EVZ) in Wörth am Rhein, Mercedes‑Benz Trucks will invest about another 50 million euros in the center of competence for the development work on commercial vehicles. more >>
Rolls-Royce on a roll
14.06.2018
In light of the news emanating from Rolls-Royce plc today, and to avoid any potential confusion in the media, Rolls‑Royce Motor Cars wishes to clarify that it is in excellent health and enjoying sustained global success across its model range. There are no plans for job reductions. more >>
Alexander Pollich to be the new Managing Director of Porsche Deutschland
11.06.2018
Jens Puttfarcken and Marcus Eckermann to head the Chinese and British sales organisations respectivelyPersonnel change at the top of Porsche Deutschland GmbH: Alexander Pollich (51), previously Managing Director of Porsche Cars Great Britain, will be more >>
SEAT closes the best month of May in its history
07.06.2018
18.5% GROWTH SINCE JANUARY •    The carmaker sold close to 50,000 cars, amounting to a 15.5% increase•    From January to May, SEAT commercialised 238,500 vehicles•  &nb more >>
Groundbreaking for first Mercedes Benz Full-Flex Plant in Hungary
05.06.2018
 Mercedes-Benz Cars invests one billion euros in new car plant in Hungary    Next step on the road to smart production: Mercedes-Benz Cars is starting construction of a “Full-Flex Plant” and transferring the blue print of &l more >>
Groupe PSA’s Business Lab and Latin America Division partner with Cubo Itaú in Brazil
04.06.2018
• Cubo Itaú is the largest technological entrepreneurship hub in Latin America• The Business Lab is partnering with Cubo Itaú to step up Groupe PSA’s digital transformation in the regionGroupe PSA’s Bu more >>
Groupe PSA increases SUV production capacity in Europe
30.05.2018
• Following the success of the SUV offensive led by its five brands, the Group is increasing production capacity in Europe to meet market demand• Conditions are now in place to achieve the highest levels of performance and quality in each of the plants concerned• Implementing these projects will ensure high capacity utilisation in each more >>
Opel and IG Metall/Works Council Agree on Measures for Improved Competitiveness and Investments
29.05.2018
•    Grandland X SUV and hybrid version to be produced in Eisenach•    Development of next generation global Groupe PSA 1.6-litre engine family (EP) at Engineering Center in Rüsselsheim•    Framework agreement with job protection extended until 2023Opel h more >>
Porsche Aktionäre beschließen Erweiterung des Aufsichtsrats
15.05.2018
-  Dividende von 1,76 Euro je Vorzugsaktie zugestimmt -  Vorstand und Aufsichtsrat wurde Entlastung erteiltAuf der ordentlichen Hauptversammlung der Porsche Automobil Holding SE (Porsche SE), Stuttgart, haben die Aktionäre an diesem Dienstag die Erweiterung des Aufsichtsrats von sechs auf zehn Mitglieder im Wege einer Satzungs& more >>
Wahl von Prof. Wolf zum Mitglied des Aufsichtsrats wird verschoben
14.05.2018
Prof. Siegfried Wolf (60) hat den Aufsichtsrat der Porsche Automobil Holding SE (Porsche SE), Stuttgart, darüber informiert, dass er in der Hauptversammlung am 15. Mai 2018 in Stuttgart noch nicht für die Wahl in den Aufsichtsrat kandidieren möchte.Der ausgebildete Ingenieur und ehemalige Vorstandsvorsitzende der Magna International Inc., more >>
Nissan contributes € 478 million for first quarter 2018 to Renault's earnings
14.05.2018
Nissan released today its results for the fourth quarter of fiscal year 2017/2018 (April 1, 2017 to March 31, 2018). Nissan’s results, published in JGAAP, for the fourth quarter of fiscal year 2017/2018 (January 1 to March 31, 2018), after restatements(1), will have a positive contribution to Renault’s first quarter 2018 net income estim more >>
Audi informs its shareholders about the company’s transformation
09.05.2018
More than 20 market launches in 2018 – focus on new design language and fully digital operation        Audi Summit in Brussels: electric initiative starts with all-electric SUV Audi e-tron      &nb more >>
Porsche SE: Matthias Müller legt Vorstandsmandat nieder
30.04.2018
Matthias Müller, Vorstand Strategie und Unternehmensentwicklung der Porsche Automobil Holding SE (Porsche SE), Stuttgart, hat im Einvernehmen mit dem Aufsichtsrat der Porsche SE sein Vorstandsmandat mit Wirkung zum 30. April 2018 niedergelegt. Es wurde vereinbart, dass die ihm zustehenden vertraglichen Leistungen vollständig erfüllt werden. Dr. Wolfg more >>
SEAT to recruit 250 more employees as a result of increased production in the Martorell plant
30.04.2018
Beginning June 1st   •    The sales success of the Ibiza, Arona and Leon lead to more job creation•    With these latest hires, SEAT will add 515 new contracts to date this year more >>
MIRICO Receives £1.58 Million Injection From Foresight Williams Technology EIS Fund
30.04.2018
•    Investment alongside £2 million from existing investors•    Game-changing rugged gas analyser technology •    The Fund supports di more >>
Porsche opens a new Experience Centre in Shanghai
27.04.2018
Sports car manufacturer emphasises the great importance of the Chinese marketExperience the fascination of Porsche at first hand: This slogan typifies the first Porsche Experience Centre in Asia that the sports car manufacturer has opened in China. more >>
Audi starts challenging year with successful first quarter
27.04.2018
Audi Group: €15.3 billion revenue, €1.3 billion operating profit, operating return on sales of 8.5 percent        CFO Alexander Seitz: “A solid basis to meet growing challenges”        High self-financing strength: Significant increase in net cash flow to €1.9 billion  more >>
Porsche increases revenue and operating result in the first quarter
27.04.2018
Workforce grows to 30,335 employees   Continued growth: Porsche AG has seen a further increase in its deliveries, revenue and operating result in the first three months of the 2018 financial year. Th more >>
Extensive revision of Volkswagen Group management structure decided
13.04.2018
    Board of Management and Supervisory Board pave the way for more efficient Group management    Group will be organized into six business areas and the China region    Dr. Herbert Diess follows Matthias Müller as Chairman of the Group’s Board of Management    Su more >>
9,656 euro bonus and jubilee payment for Porsche employees
21.03.2018
Sports car manufacturer acknowledges 2017 as a record year and 70-years of the Porsche sports carPorsche shares the success of the company with its employees: After the most successful year in the company’s history, employees at Porsche AG will receive a special bonus of up to 9,300 euro gross. This is the agreemen more >>
BMW i Ventures Announces Investment in Blackmore Sensors and Analytics, Inc.
20.03.2018
BMW i Ventures has announced an investment in Blackmore Sensors and Analytics, Inc., a leading developer of frequency-modulated continuous wave (FMCW) lidar for the automotive industry. “Advances in new sensor technologies, like lidar, are going to make cars safer and, eventually, autonomous,” said BMW i Ventures partner Zach Barasz.&nbs more >>
Octo Telematics partners with RCI Bank and Services
20.03.2018
.... to provide global telematics data analysis for vehiclesOcto’s telematics services and data analytics will be used by RCI Bank and Services, Groupe Renault’s global finance company, to enhance customer relationships and loyalty. Octo Telematics (Octo), the number one global provider of telematics for the auto more >>
Jens Puttfarcken takes over as Porsche President and Chief Executive Officer
20.03.2018
Change of management at Porsche China and Porsche Hong KongA change of management is going ahead in the Porsche China and Porsche Hong Kong sales companies: Jens Puttfarcken, current Chief Executive Officer at Porsche Deutschland GmbH, wil more >>
Porsche paves the way for the future with substantial investments
16.03.2018
Revenue of 23.5 bn euro – operating result of 4.1 bn euro – operating profit margin of 17.6 per centPorsche AG set new records for deliveries, revenue and operating results in the 2017 financial year, delivering a total of 246,375 vehicles (+4 per c more >>
Automobili Lamborghini crosses billion Euro turnover threshold
15.03.2018
•    Worldwide sales grow for seventh consecutive year to 3,815 units•    Turnover increases by 11% to 1,009 Mio. Euro, the best ever•    Sustained, profitable grow more >>
Audi achieves robust performance in a challenging financial year 2017
15.03.2018
..... and accelerates business transformation    - Operating profit before special items increases to €5.1 billion; slight increase in operating return on sales before special items to 8.4 percent   more >>
Successful financial year 2017 for Volkswagen
15.03.2018
Volkswagen brand implements product and innovation offensive consistently    Deliveries, sales revenue and result improved in 2017    Operating return on sales improved to 4.1 percent    Good progress with strategic realignment; preparations for electric offensive proceeding to schedule more >>

2001-2020 automobilsport.com full copyright