1/16, 1:43 PM (Source: TeleTrader)
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PSA sales drop 10% in 2019

Groupe PSA said on Thursday that its vehicle sales in 2019 stood at 3,488,930 units, dropping 10% compared to the previous year.

Peugeot sales were down 16.3% to 1,456,463 units in the twelve-month period, Citroen sales slid 5.1% to 992,825 and Opel Vauxhall sales declined 5.9% to 977,130. The fall was somewhat offset by sales of PSA's premium brand DS Automobiles which surged 17.4% to 62,512 in 2019.

Peugeot shares fell 1.30% to €19.17 at 1:32 pm CET following the release.

Breaking the News / NP