Peugot China Sales Booming

Published by: Frank Galvano on 21st Dec 2010 | View all blogs by Frank Galvano
peugeot_old_logo_1.jpg
Peugot China Sales Booming

French carmaker Peugot said this week that its sales in China could surpass its sales in its home market within the next five years, underscoring China's emergence as the world's Number one market for automobiles.

Peugot is reportedly on pace to sell 500,000 vehicles annually in China by 2015, compared to its annual sales of just 400,000 in France.  China surpassed the United States in 2009 as the world's top auto-market with sales of 13.64 million cars.  In the first 11 months of 2010, the market picked up even more, with sales of 16,4 million cars sold.  Total sales for the year are expected to reach 18 million.

Peugot executives are currently forecasting sales of 150,000 for this year, up from 112,000 in 2009.  The company expects to have 220 dealerships in China by the end of the year.  The company is Europe's number two automaker in terms of sales behind the German carmaker Volkswagen.

Comments

0 Comments

     
Please login or sign up to post on this network.
Click here to sign up now.

Latest DT's

  • View DT's
    Here's a great bio that Full in Bloom did for the band Possessedhttp://fullinbloommusic.com/biography-possessed.html View DT's
    3 years ago by Geno
  • View DT's
    Rated: PG-13 In Theaters: January 24th Director: Stuart Beattie Starring: Aaron Eckhart, Bill Nighy, Yvonne ... View DT's
    3 years ago by dallaseste
  • View DT's
    Rated: PG-13 In Theaters: January 10th Director: Renny Harlin Starring: Kellan Lutz, Gaia Weiss, Scott Adkins View DT's
    3 years ago by dallaseste
  • View DT's
    Rated: R In Theaters: December 4th Director: Scott Cooper Starring: Christian Bale, Casey Affleck, Zoe Saldana, Sam ... View DT's
    3 years ago by dallaseste
  • View DT's
    Rated: PG-13 In Theaters: December 13th Director: Peter Jackson Starring: Ian McKellen, Martin Freeman, Richard ... View DT's
    3 years ago by dallaseste
  • View DT's
    Rated: R In Theaters: January 3rd Director: Gregory Plotkin Starring: Andrew Jacobs, Jorge Diaz, Gabrielle Walsh View DT's
    3 years ago by dallaseste
  • View DT's
    Rated: TBD In Theaters: February 7th Director: George Clooney Starring: George Clooney, Matt Damon, Bill Murray, Cate ... View DT's
    3 years ago by dallaseste
  • View DT's
    Rated: PG-13 In Theaters: January 17th Director: Tim Story Starring: Ice Cube, Kevin Hart, John Leguizamo, Bruce ... View DT's
    3 years ago by dallaseste
  • View DT's
    Rated: R In Theaters: January 17th Directors: Matt Bettinelli-Olpin, Tyler Gillett Starring: Allison Miller, Zach ... View DT's
    3 years ago by dallaseste

Top Authors

Subscribe