Citroen Strengthens Its LCV Division

SLOUGH, UNITED KINGDOM – March 12, 2009: In recognition of the importance of commercial vehicle sales to the success of the Company, Citroën has decided to form a new strengthened Commercial Vehicle Sales Division. Charles Peugeot has been appointed to head up this new division, reporting directly to Xavier Duchemin, Managing Director of Citroën UK.

Citroën has sold nearly a quarter of a million vans in the UK in the last decade to become one of the leading players in the UK Light Commercial Vehicle market. Proof of Citroën’s rapid growth in popularity is given by the fact that it has only been selling vans in the UK for just over 20 years.

Charles Peugeot will head up a team of nine that includes the current Commercial Vehicle Operations team, together with six field based Business Centre Managers.

Commenting, Xavier Duchemin said, “I am very pleased that Charles will be joining us to further strengthen our LCV team. Once again Citroën is forging ahead for the future, against a backdrop of very difficult trading conditions, in preparation for the time when the market becomes somewhat easier, whilst also helping us to maximise our potential right now.”

Charles Peugeot, 28, has two masters degrees and three years experience with PSA Peugeot Citroën in both engineering and commercial roles for Citroën in the Spanish market. He commented, “This is a very exciting opportunity, and I am pleased to be working with an excellent and well established team here in the UK. With virtually brand new models across the entire Citroën LCV range, I am convinced that we have a very promising future in the UK market.”