Peugeot Sales Grow Despite Slump In UK Market
October 7, 2019 by Peugeot•PEUGEOT van registrations up by 2.5% in September, despite the UK new van market dropping by 22.8% for the year, according to Society of Motor Manufacturers and Traders (SMMT) figures •PEUGEOT's UK car and LCV market share up by 0.1% to 4.0% •To find out more about the PEUGEOT car and van range, visit: www.peugeot.co.uk Increased sales against the backdrop of a shrinking car and van market has seen PEUGEOT increase its car and LCV market share by 0.1% to 4.0%, according to the latest Society of Motor Manufacturers and Traders (SMMT) September registrations figures. PEUGEOT vans has performed particularly strongly against a declining market. The UK new van market was down 22.8% year-on-year in September, yet PEUGEOT van Dealers achieved a sales growth of 1.8% across the same period. PEUGEOT has grown its new van market share by 2.5% since last September, and now accounts for 11% of the market. Much of PEUGEOT's success is down to its focus on strong residual values across its vehicle range. By minimising depreciation, PEUGEOT has ensured its monthly finance premiums remain low and competitive. PEUGEOT has also adopted a strategy of focusing on retail and not chasing pre registrations to boost figures. David Peel, Managing Director of PEUGEOT UK, said: 'PEUGEOT car and van Dealers across the country have faced a declining market for the past 12 months. Yet our strong performance shows our staff continue to exceed expectations, while our strong product line-up continues to win over new customers. We expect the success to continue over the next 12 months as we begin UK deliveries of our first all-electric vehicles, the e-208 and e-2008, alongside plug-in hybrid electric variants of the 3008 SUV, 508 and all-new 508 SW.' PEUGEOT Stimulating, rewarding driving, sleek design, and uncompromising quality form the brand's pledge to its customers and help produce the emotion provided by each PEUGEOT vehicle. Operating in around 160 countries with more than 10,000 points of sale, the brand sold more than 1,740,000 vehicles in 2018.
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PEUGEOT combines exacting standards, allure and emotion with the goal of being the definitive high-end, broad-based brand with global reach. PEUGEOT UK The UK is the third largest market for PEUGEOT with its UK Headquarters located in Coventry. The UK car line-up includes the 108, 208, 308, all-new 508, 2008 SUV, 3008 SUV and 5008 SUV supplemented by people-carriers and a van range that includes the all-new Partner, Expert and Boxer. PEUGEOT is committed to low emission vehicles, currently selling Partner Electric and with a strategy to electrify every model in the range between 2019 and 2023. If you would like to keep up to date with the PEUGEOT UK Press Department activity and be the first to see what exciting new projects we are launching, please follow us on Twitter and Instagram: www.twitter.com/PeugeotUKPR / www.instagram.com/PeugeotUKPR
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