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Peugeot & Renault Report Surging May Sales

5 June 2000

    Paris - Renault SA and PSA Peugeot Citroen reported the strongest 
domestic sales for the month of May in 10 years.

    Peugeot's new car sales rose 41.3% in that month to 58,021 units.  
Renault's sales jumped 33.7% to 59,228 units.  Most other domestic and import 
manufacturers also reported very positive results in the French market for 
May.  GM Europe saw sales surge 65.8%; BMW was up 63.7%; Korean brands were 
up almost 41%; and Japanese sales rose 39.7%.  However, Ford Europe saw new 
car sales fall 6.9% in May.


MJR