Peugeot Sales Up Due to Iran Auto Parts Sales
PSA Peugeot Citroen reported on April 24 a 2.3% gain in first-quarter sales compared with the same period last year. Vehicle sales in the first quarter came to 809,700, while sales of parts rose 92.9% to 66,700 units, “linked almost exclusively to sales in Iran,” Peugeot said.
Sales in the January-March period came to 15.212 billion euros (US$24 billion).
Peugeot foresees sales growth of 5% this year and is sticking to its forecast of a 3.5% operating margin. The manufacturer is counting on good results from the release of seven new models in the second quarter.
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April 25th, 2008 | No Comments »


