Peugeot says on track for record sales in 2004

Newswire

FRANKFURT, June 17 (Reuters) - Peugeot chief Frederic Saint-Geours reiterated on Thursday the French carmaker would generate record sales this year, beating the previous high set in 2002. "Peugeot will continue its growth in 2004 and beat its record of 1.955 million vehicles sold worldwide in 2002," he said at a ceremony opening a new dealership in Frankfurt. He later told Reuters that he was "more than happy" with the initial reaction to Peugeot's new 407 model.

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