This Week:

• Premiere of the W12 Coupé at the Tokyo Motor Show 2001
  .

• Ford Motor Company Announces Senior Management Changes
  .

• Willys2 Concept Expands Go-Anywhere, Do-Anything Attitude of Jeep® Brand
  .

• Porsche extends partnership with Valmet Automotive
  .

• Renault and Nissan plan to step up development of the Alliance
  .

• Pontiac Introduces Aztek SRV, A Go-Anywhere Do-Anything Vehicle
  .

• Ford Launches New Era of Personal Mobility with TH!NK Neighbor
  .

• Top design award for AUDI AG's "museum mobile" / North Rhine-Westphalia Design Centre awards "red dot:grand prix"
  .

• Toyota Financial Services Forms Mexican Company to Complement Toyota's Entry into Mexican Market
  .

• Chrysler Group Unveils Industry-First Vehicle Communications System
  .

• PSA PEUGEOT CITROËN -  Consolidated sales up a comparable 13.9% to 38.9 billion of euros at September 30, 2001
  .

© 1998 - 2001 Copyright & 
Disclaimer
Automotive Intelligence,
www.autointell.com
All Rights Reserved .
For questions please contact
editor@autointell.com  

News of  October 31, 2001

PSA PEUGEOT CITROËN -  Consolidated sales up a comparable 13.9% to 38.9 billion of euros at September 30, 2001

Paris - Consolidated sales for the first nine months of 2001 amounted to 38,916 million of euros, a 19.3% increase from the 32,624 million of euros reported at September 30, 2000. At comparable scope of consolidation, sales gained 13.9%. Automobile Division sales rose by 13% during the period to 31,336 million of euros.

In a Western European market that contracted by 0.9%, registrations of Group cars and light commercial vehicles rose by 9.1%. This consolidated the Group’s position as Europe’s second-largest carmaker and increased its market share by more than one point, from 13.5% at September 30, 2000 to 14.8% at September 30, 2001. Outside Western Europe, nine-month sales increased by 21.2% to 418,200 units. Worldwide sales of Peugeot and Citroën vehicles and CKD units increased by 11.6% to 2,331,100 units.

The automotive equipment business reported sales during the period of 7,236 million of euros, including 2 164 million of euros from Sommer Allibert’s automotive businesses, acquired in January 2001. At comparable scope of consolidation, automotive equipment sales rose by 21.2%.

The contribution of the transportation and logistics business increased by 17.6% to 1,992 million of euros.

Revenues from the finance companies, which mainly consist of interest on the financing of sales, rose by 15.8% to 1,172 million of euros. Banque PSA Finance had total outstandings of 16.5 billion of euros at September 30, 2001, up 16.1% from the prior-year period.

The contribution of the other businesses totaled 695 million of euros compared with 703 million of euros at September 30, 2000.

(October 22, 2001)

[Homepage] [ News] [ Companies] [ Management] [ Publications] [ Events] [ Careers]
[Services] [Discussion] [ Guestbook] [ Search]