This Week:
© 1998
- 2000 Copyright &
Disclaimer
Automotive Intelligence,
www.autointell.com
All Rights Reserved .
For questions please contact
editor@autointell.com
News of February 01, 2000
.
PSA PEUGEOT CITROËN Consolidated Sales up 12% to euros 37.8 billion (FRF 248 billion) at December 31, 1999
Consolidated sales for 1999 rose 12% on particularly strong demand to 37,807 euros million (FRF 247,999 million). At comparable scope of consolidation, the increase amounted to 10.6%. Sales rose 16.3% in the fourth quarter, following gains of 3.9% in the first quarter, 11.1% in the second quarter and 17.7% in the third quarter.
Automobile Division sales rose 11.5% during the year to 32,596 million euros (FRF 213,816 million).
Worldwide sales of Peugeot and Citroën passenger cars and CKD units increased 10.4% to 2,519,600 units. This performance reflects the continued success of the Peugeot 206 (550,900 units sold), the Citroën Berlingo (up 24%) and Peugeot Partner (up 27.5%) and the HDI diesel engine, which is now available on almost all Peugeot and Citroën vehicles. In a western European market that grew by 5.2%, sales of Group cars and light commercial vehicles rose by 12.2% to 2,157,600 units. Outside western Europe, sales volumes showed a slight 1% gain thanks to an upturn at the end of the year, notably in central Europe and the Mercosur countries.
The Automotive Equipment business increased its sales to outside companies by 6% during the period, to euros 2,983 million (FRF 19,562 million). The contribution of the Transportation business rose by 19.7% to ? 656 million (FRF 4,302 million), taking into account the acquisition of a controlling interest in KN Elan, the German transportation and logistics subsidiary of Kühne & Nagel, as of October 1, 1999. At comparable scope of consolidation, Transportation sales rose by 8.4%.
Revenues from the finance companies, which mainly consist of interest on the financing of sales, amounted to euros 1,066 million (FRF 6,999 million). This represents an increase of 56.3% from 1998, taking into account the full consolidation of Crédipar (the Group gained control of Crédipar in December 1998). At comparable scope of consolidation, revenues rose 2.3%. A total of 666,600 new and used vehicle sales were financed in 1999, up 13.7% from 1998. Banque PSA Finance had total outstandings of ? 12.7 billion (FRF 83.1 billion) at December 31, up 18.2% from the year before.
The contribution of the other businesses increased 7.3% over the year to ? 506 million (FRF 3,320 million).
CONSOLIDATED SALES
| (in million of euros) | Dec. 31, 1999 | Dec. 31, 1998 | % Change |
| Automotive Division | 32,596 | 29,242 | + 11.5 % |
| Automotive Equipment | 2,983 | 2,815 | + 6.0 % |
| Transportation | 656 | 547 | + 19.7 % |
| Finance Companies | 1,066 | 682 | + 56.3 % |
| Other Businesses | 506 | 472 | + 7.3 % |
| Total PSA Peugeot Citroën | 37,807 | 33,758 | + 12.0 % |
1 euro = FRF 6.55957
| (in millions of French francs) | Dec. 31, 1999 | Dec. 31, 1998 | % Change |
| Automotive Division | 213,816 | 191,815 | + 11.5 % |
| Automotive Equipment | 19,562 | 18,460 | + 6.0 % |
| Transportation | 4,302 | 3,594 | + 19.7 % |
| Finance Companies | 6,999 | 4,477 | + 56.3 % |
| Other Businesses | 3,320 | 3,093 | + 7.3 % |
| Total PSA Peugeot Citroën | 247,999 | 221,439 | + 12.0 % |
GLOBAL SALES*
| (in units)** | Dec. 31, 1999 | Dec. 31, 1998 | % Change |
| Western Europe | 2,157,600 | 1,923,500 | + 12.2 % |
| Of which France | 771,300 | 669,500 | + 15.2 % |
| Rest of World | 362,000 | 358,500 | + 1.0 % |
| Total | 2,519,600 | 2,282,000 | + 10.4 % |
| Of which Peugeot | 1,512,700 | 1,314,700 | + 15.1 % |
| Citroën | 1,006,900 | 967,300 | + 4.1 % |
| Of which Passenger cars | 2,150,900 | 1,969,100 | + 9.2 % |
| Light commercial vehicles | 368,700 | 312,900 | + 17.8 % |
GLOBAL PRODUCTION*
| (in units)** | Dec. 31, 1999 | Dec. 31, 1998 | % Change |
| Peugeot | 1,496,800 | 1,310,800 | + 14.2 % |
| Citroën | 999,200 | 959,000 | + 4.2 % |
| Total | 2,496,000 | 2,269,800 | + 10.0 % |
* Including changes in the scope of consolidation in 1999.
** Assembled vehicles, disassembled components and CKD units.
GLOBAL SALES BY MODEL
| (passenger cars and light commercial vehicles) | Dec. 31, 1999 | Dec. 31, 1998 | % Change |
| Peugeot | |||
| 106 | 142,700 | 296,200 | - 51.8 % |
| 206 | 550,900 | 134,400 | + 309.9 % |
| 306 | 331,800 | 374,200 | - 11.3 % |
| 406 | 252,800 | 228,100 | + 10.8 % |
| 605 | 3,300 | 7,500 | - 56.0 % |
| 806 | 22,400 | 21,300 | + 5.2 % |
| Expert | 27,300 | 24,700 | + 10.5 % |
| Partner | 97,800 | 76,700 | + 27.5 % |
| J9/J5 | 7,200 | 5,500 | + 30.9 % |
| Boxer | 43,100 | 41,500 | + 3.9 % |
| Other | 33,400 | 104,600 | - 68.1 % |
| Total | 1,512,700 | 1,314,700 | + 15.1% |
| (of which diesel-powered versions) | 43.9 % | 43.2 % | |
| (of which passenger cars) | 1,338,700 | 1,147,500 | + 16.7 % |
| (of which light commercial vehicles) | 174,000 | 167,200 | + 4.1 % |
| Citroën | |||
| AX | - | 12,500 | - |
| Saxo | 281,900 | 259,200 | + 8.8 % |
| ZX | 40,700 | 55,500 | - 26.7 % |
| Xsara | 302,000 | 284,700 | + 6.1 % |
| Xantia | 126,100 | 136,500 | - 7.6 % |
| XM | 6,600 | 8,800 | - 25.0 % |
| Synergy | 18,200 | 15,400 | + 18.2 % |
| Relay | 24,400 | 21,400 | + 14.0 % |
| C15 | 39,100 | 36,100 | + 8.3 % |
| Berlingo | 136,800 | 110,300 | + 24.0 % |
| Dispatch | 31,100 | 26,900 | + 15.6% |
| Total | 1,006,900 | 967,300 | + 4.1 % |
| (of which diesel-powered versions) | 52.0 % | 48.6 % | - |
| (of which passenger cars) | 812,200 | 821,600 | - 1.1 % |
| (of which light commercial vehicles) | 194,700 | 145,700 | + 33.6 % |
| Total PSA Peugeot Citroën | 2,519,600 | 2,282,000 | + 10.4 % |
| (of which diesel-powered versions) | 47.1 % | 45.5 % | |
| (of which passenger cars) | 2,150,900 | 1,969,100 | + 9.5 % |
| (of which light commercial vehicles) | 368,700 | 312,900 | + 11.8 % |
(January 27, 2000)
[Homepage]
[ News] [ Companies] [ Management] [ Publications] [ Events] [ Careers]
[Services] [Discussion] [ Guestbook] [ Search]