PSA PEUGEOT CITROEN Consolidated Sales up 16.9% To 44.2 Billion of euros at December 31, 2000

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News of January 31, 2001

PSA PEUGEOT CITROEN Consolidated Sales up 16.9% To 44.2 Billion of euros at December 31, 2000

Consolidated sales for full-year 2000 totaled 44,181 million of euros, an increase of 16.9% from the 37,807 million of euros reported in 1999. At comparable scope of consolidation, the increase amounted to 14.7%. Automobile Division sales rose 14.4% during the period to 37,436 million of euros.

Worldwide sales of Peugeot and Citroën vehicles, disassembled components and CKD units increased 11.8% to 2,815,700 units, with Peugeot sales up 10.7% and Citroën sales up 13.4%. In Western Europe, registrations of Group cars and light commercial vehicles rose 6.5% in a market down 1.3%, thereby widening the Group's share to 13.7% from 12.7% at end-1999 and consolidating its position as Europe's second-ranked carmaker. The year's performance was shaped by the successful launches of the Citroën Picasso, the Peugeot 607 and the restyled Citroën Xsara, continued growth in sales of the Peugeot 206, the Citroën Berlingo and the Peugeot Partner, as well as the rising popularity of the HDi diesel engine.

Sales volume outside Western Europe totaled 479,400 units, up 32.8% from the prior-year period. Growth was led by a 7.5% increase in the Mercosur region, a 37.3% gain in Central Europe including Turkey, and higher sales in China and Iran.

The Automotive Equipment business increased sales by 36.8% during the period, to 5,840 million of euros, reflecting the first full-year consolidation of AP Automotive Holding Inc. (APAS). Comparable sales were up 20.9%.

Sales by the Transportation business rose 33.2% to 2,329 million of euros, including revenues from newly acquired KN Elan, the German transportation and logistics subsidiary of Kühne & Nagel. Comparable sales were up 20.4%.

Revenues from the finance companies, which mainly consist of interest on the financing of sales, increased 16.2% to 1,387 million of euros.

Financing was provided for 703,300 new and previously owned vehicles in 2000, a rise of 5.5%. Banque PSA Finance had total outstandings of 14.7 billion of euros at December 31, 2000, up 15.8% from the year before.

Sales from the other businesses increased 6.1% to 983 million of euros. Excluding the first-half 1999 sales of SAMM and La Publicité Française, which were sold in 1999, comparable sales were up 11.2%.

Consolidated Sales*

(in millions of euros)	2000	1999	%Change
Automobile Division	37,436	32,733	+ 14,4 %
Automotive Equipment	5,840	4,267	+ 36,8 %
Transportation	2,329	1,761	+ 32,3 %
Finance Companies	1,387	1,194	+ 16,2 %
Other businesses	983	926	+ 6,1 %
Inter-company eliminations	(3,794)	(3,074)	+ 23,5 %
Total PSA Peugeot Citroën	44,181	37807	+ 16,9 %

* Figures in the table refer to the sales reported by each business, with inter-company sales eliminated in an aggregate amount. Until March 2000, each business reported sales net of its share of inter-company transactions.

Global Automobile Sales

(in number of vehicles*)	2000	1999	% Change
Western Europe	2,336,300	2,157,500	+ 8,3 %
Of which France	832,800	771,300	+ 8,0 %
Rest of World	479,400	361,100	+ 32,8 %
Total Sales	2,815,700	2,518,600	+ 11,8 %
Of which Peugeot	1,673,800	1,511,700	+ 10,7 %
Citroën	1,141,900	1,006,900	+ 13,4 %
Of which Cars	2,434,500	2,150,200	+ 13,2 %
Commercial vehicles	381,200	368,400	+ 3,5 %

*Assembled vehicles, disassembled components and CKD units

Global Production**

(in number of vehicles**)	2000	1999	% Change
Peugeot	1,709,400	1,496,800	+ 14,2 %
Citroën	1,168,500	999,200	+ 16,9 %
Total	2,877,900	2,496,000	+ 15,3 %

*Including changes in the scope of consolidation in 2000.
**Assembled vehicles, disassembled components and CKD units

Global Sales by Model

(passenger cars and light commercial vehicles)	2000	1999	% Change
Peugeot
106	132,800	142,500	- 6,8 %
206	714,100	549,700	+ 29,9 %
306	281,800	332,500	- 15,2 %
406	258,300	252,900	+ 2,1 %
607	20,400	-	-
806	22,900	22,400	+ 2,2 %
Expert	29,600	27,300	+ 8,4 %
Partner	104,900	97,600	+ 7,5 %
Boxer	48,500	42,700	+ 13,6 %
Other	60,500	44,100	+ 37,2 %
Total	1,673,800	1,511,700	+ 10,7 %
(of which vehicles equipped with diesel engines)	751,100 44,9 %	662,800 43,8 %	+ 13,3 %
(of which passenger cars)	1,485,200	1,338,000	+ 11,0 %
(of which commercial vehicles) .	188,600	173,700	+ 8,6 %
Citroën	288,400	281,900	+ 2,3 %
Saxo	53,900	40,700	+ 32,4 %
ZX	429,600	302,000	+ 42,2 %
Xsara	82,600	126,100	- 34,5 %
Xantia	17,200	18,200	- 5,4 %
Synergy	24,400	24,400	-
Relay	38,800	39,100	- 0,7 %
C15	165,300	136,800	+ 20,8 %
Berlingo	37,700	31,100	+ 21,2 %
Dispatch	4,000	6,600	- 34,5 %
Other	1,141,900	1,006,900	+ 13,4 %
Total	592,600	524,100	+ 13,1%
(of which vehicles equipped with diesel engines)	51,9 %	52 %
(of which passenger cars)	949,300	812,200	+ 16,9 %
(of which commercial vehicles) .	192,600	194,700	- 1,1 %
Total PSA Peugeot Citroën	2,815,700	2,518,600	+ 11,8 %
(of which vehicles equipped with diesel engines)	1,343,600 47,7 %	1,186,900 47,1 %	+ 13,2 %
(of which passenger cars)	2,434,500	2,150,200	+ 13,2 %
(of which commercial vehicles)	381,200	368,400	+ 3,5 %

(Jan. 25, 2001)

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