Irish motor operation reports €23.8m turnover rise in 2010
Citroën Motors Ireland Ltd has reported an increase in turnover to €23.8 million in 2010, up from €17.7 million the previous year. Accounts filed with the companies office show the firm made a small profit of €159,000 last year, compared to a loss of €768,000 the previous year.
The Irish operation is ultimately a subsidiary of troubled French car giant PSA Group.
Of the €23.8 million in turnover, new vehicle sales accounted for €19 million, used vehicles €2.13 million and replacement parts €2.6 million. Citroën reports that in 2011 the brand had a 1.4 per cent market share, up from 1.2 per cent in 2010. New car registration figures up to November 30th show the brand has a 1.48 per cent market share so far this year, despite the overall market falling by 11.5 per cent.