PSA group sales down 27.8% worldwide in 2020
- The PSA group (Peugeot, Citroën, Opel-Vauxhall and DS) sold 2,512,475 (passenger cars and light utility vehicles) in 2020, down 27.8% compared to 2019, a year which had already seen a decrease of 6,6% compared to 2018. The sales decline in 2020 is obviously explained by the coronavirus crisis which affected the global automotive industry, but the decline did not exceed 14.2% globally and 23.5% in Europe, so the PSA group declined more than the majority of other carmakers.
- Group sales break down as follows: 1,118,912 Peugeot (-23.0%), 717,190 Citroën (-27.5%), 632,687 Opel-Vauxhall (-35%) and 43,686 DS (-29.5 %). The Opel-Vauxhall models thus experienced the greatest drop, which can be explained in part by the end of production of several GM-platforms based models (Adam, Karl, Mokka, Cascada, Zafira) and by the sales decline of the last two GM design and still in production(Astra, Insignia). 2021 should boost this brand with the launch of new generations of Mokka and Astra, based on PSA platforms (such as Corsa, Combo, Crossland, Grandland and Zafira Life).
- The other brands of the PSA group will also benefit from several new models, such as the new generation of the Peugeot 308, Citroën C5 and DS 4. It is to be noted that the Citroën C5 will be produced in China and the DS 4 in Germany.
- Europe (-29.7%) remains largely predominant in PSA worldwide sales (84.5% of total sales), accentuated by the fall in the Chinese markets (-57.7%; 2% of its worldwide sales) and South America (-29.7%; 4% of its worldwide sales). On the other hand, the Iranian market has recovered (+20%; 8% of its worldwide sales).
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