PSA Peugeot Citroen has warned of a worsening in Western Europe’s car market outlook.
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PSA is also forecasting a 4% decline in vehicle sales for the whole of 2008.
The report said Peugeot called the economic environment “tough”.
Peugeot said registrations fell 3.5% to 1.23m units in the first half, in a European passenger car and light commercial vehicle market that was down 3%.
Over the period, its market share was 14.0% compared with 14.1% a year ago and 13.8% for 2007.
It said first-half sales were underpinned by its Peugeot 308 and Citroen C5 models as well as sound sales of the Peugeot 207.
