PSA Group

In December 1974, Peugeot S.A. acquired a 38.2% share of Citroën. On 9 April 1976{{Cite web|url=https://news.google.com/newspapers?id=MZxAAAAAIBAJ&sjid=GKUMAAAAIBAJ&pg=6208,1716150&dq=citroen&hl=en|title = The Glasgow Herald - Google News Archive Search}} they increased their stake of the then bankrupt company to 89.95%, thus creating the PSA Group (where PSA is short for Peugeot Société Anonyme), becoming PSA Peugeot Citroën.[https://web.archive.org/web/20110606030140/http://ar2010.psa-peugeot-citroen.com/interactive-doc/200years/ Peugeot Motion and Emotion, Corporate interactive history, Undated]. Retrieved: 9 April 2012. Since Citroën had two successful new designs in the market at this time (the GS and CX) and Peugeot was typically prudent in its own finances, the PSA venture was a financial success from 1976 to 1979.

File:PSA Peugeot Citroën.svg

In late 1978, PSA purchased the failing Chrysler Europe (which had been Rootes and Simca) from the troubled US parent firm for a nominal £0.76, plus assumption of outstanding debt, leading to losses for the consortium from 1980 to 1985.{{cite web|url=http://www.rootes-chrysler.co.uk/car-development/dev-180.html|title=Development of the Simca 180 cars|work=Rootes-Chrysler.co.uk|access-date=11 June 2006}} Further investment was required because PSA decided to create a new brand for the entity for the disparate French and British models, based on the Talbot sports car last seen in the 1950s. From then on, the whole Chrysler/Simca range was sold under the Talbot badge until production of Talbot-branded passenger cars was shelved in 1987 and on commercial vehicles in 1992.{{cite web|url=http://www.aronline.co.uk/index.htm?c2storyf.htm|archive-url=https://archive.today/20120718070434/http://www.aronline.co.uk/index.htm?c2storyf.htm|url-status=dead|archive-date=18 July 2012|title=Austin Rover Online|publisher=Aronline.co.uk|access-date=2 May 2011}}

All of this investment caused serious financial problems for the entire PSA group; PSA lost money from 1980 to 1985. There were some bright spots, however: mainly thanks to the success of the Peugeot 205 and in spite of Talbot sales withering away, PSA surpassed Renault in sales in the domestic French market for the first time in 1983.{{cite magazine | ref = AG140 | magazine = De AutoGids | number = 140 | volume = 6 | page = 110 | title = De Franse markt met 13% naar beneden | trans-title = The French market drops by 13 percent | first = Henry | last = Tourneur | language = nl-be | date = 1985-02-07 | publisher = Uitgeverij Auto-Magazine | location = Brussels, Belgium }} In 1987, the company dropped the Talbot brand for passenger cars when it ceased production of the Simca-developed Horizon; the Samba and Alpine/Solara had been discontinued a year earlier. What was to have been the Talbot Arizona became the Peugeot 309, with the former Rootes plant in Ryton and Simca plant in Poissy being turned over for Peugeot assembly from October 1985. Producing Peugeots in Ryton was significant, as it signaled the first time that PSA would build cars in the UK (car assembly at Ryton stopped in 2006 and the plant was closed). The Talbot name survived for a little longer on commercial vehicles until 1992 before being shelved completely. From 1987 to 1995, the Ryton plant also produced the Peugeot 405 saloon.

File:Philippe Varin 5.JPG

On 29 February 2012, PSA announced the creation of a major alliance with General Motors (GM), as part of which GM became PSA's second-largest shareholder, after the Peugeot family, with a holding of 7%. The alliance was intended to enable £1.5 billion per year of cost savings through platform sharing, common purchasing and other economies of scale.{{cite news|url=https://www.bbc.co.uk/news/business-17213021|title=GM and Peugeot announce alliance|access-date=29 February 2012|work=BBC News|date=29 February 2012}}

In July 2012, a union official said that PSA Peugeot Citroën would cut as much as 10 percent (8,000-10,000) of its French workforce of 100,356 employees on permanent and temporary contract. The jobs cut was more than previously announced.{{cite news|title=July 3, 2012 - Peugeot to Raise French Workforce Cuts to 10,000, Union Says|url=https://www.bloomberg.com/news/2012-07-02/peugeot-may-lift-job-cuts-target-to-10-000-positions-union-says.html| work=Bloomberg| first=Mathieu|last=Rosemain|date=3 July 2012}}{{cite web|url=http://www.inautonews.com/peugeot-citroen-may-cut-5000-jobs-in-europe|title=Peugeot Citroën may cut 5000 jobs in Europe|access-date=26 October 2011|archive-url=https://web.archive.org/web/20120403091018/http://www.inautonews.com/peugeot-citroen-may-cut-5000-jobs-in-europe|archive-date=3 April 2012|url-status=dead|df=dmy-all}}

On 24 October, PSA said it was close to an agreement with creditor banks on €11.5 billion (£11.3 billion) of refinancing and had won state guarantees on €7 billion in further borrowing by its Banque PSA Finance.{{cite news|url=https://www.reuters.com/article/us-peugeot-sales-idUSBRE89N09F20121024|title=Peugeot gets government rescue as crisis deepens|date=24 October 2012|work= Reuters }}

On 12 December 2013, General Motors announced it was selling its 7% stake in PSA Peugeot Citroën to Padmapriya Automobile Investment Group.{{Cite web|date=14 December 2013|title=Peugeot Plunges After GM Sells Entire 7% Holding|url=https://www.bloomberg.com/news/articles/2013-12-12/gm-announces-its-selling-off-entire-7-stake-in-peugeot-citroen|access-date=29 December 2020|website=bloomberg}}{{Cite web|last=Moss|first=Darren|date=13 December 2013|title=GM sells stake in PSA Peugeot Citroen|url=https://www.autocar.co.uk/car-news/industry/gm-sells-stake-psa-peugeot-citroen|access-date=29 December 2020|website=Autocar}}

In 2014, Dongfeng Motor Group, the Chinese partner that builds PSA cars in China, and the French government each took a 13% stake in PSA, in a financial rescue operation, reducing the Peugeot family share from 25% to 14%.{{cite web|url=https://www.bbc.com/news/business-26243593|title=Peugeot signs rescue deal with China's Dongfeng Motor|date=19 February 2014|access-date=21 February 2016|publisher=BBC}}

{{More citations needed section|date=March 2017}}

Following Dongfeng and the French government each acquiring stakes in Groupe PSA, various cost-cutting measures at the company turned its fortune around and gradually reduced PSA's debt, until the company began to turn a profit beginning in 2015. A new CEO, Carlos Tavares, was engaged and began to implement various cost-cutting measures and expanded the model range of all three core brands, alongside the creation of a new brand, DS Automobiles.

In early 2016, PSA unveiled a roadmap detailing its plan to re-enter the North American car market for the first time since 1991.{{cite web |last1=Zhang |first1=Benjamin |title=Zipcar is about to face an unlikely new competitor |url=https://www.businessinsider.com/france-peugeot-citroen-unexpected-comeback-us-2016-4 |website=Business Insider |access-date=25 March 2019 |date=6 April 2016}}

On 10 February 2017, PSA announced a 50:50 joint venture with the CK Birla Group, the owner of the Hindustan Motors to sell Peugeot, Citroën, and DS vehicles in India and purchase of the Ambassador brand from Hindustan Motors at the cost of ₹80 Crore (€11{{cite news |title=Hindustan Motors sells iconic Ambassador brand to Peugeot-Citroën |url=https://www.autocarindia.com/car-news/hindustan-motors-sells-iconic-ambassador-brand-to-peugeot-citro235n-404186 |work=Autocar India |date=11 February 2017}} million).{{cite web |last1=Shah |first1=Ronak |title=Iconic Ambassador car to make a come back in India: Here's all you need to know |url=https://www.financialexpress.com/auto/car-news/republic-day-2018-iconic-ambassador-car-to-make-a-come-back-in-india-heres-all-you-need-to-know/1030389/ |website=The Financial Express |access-date=21 March 2019 |date=26 January 2018}}

On 14 February 2017 PSA announced that it was in talks to acquire Opel and Vauxhall Motors from General Motors. The talks were in an advanced stage, but were a surprise to the press and to much of Opel's leadership as they had plans to transform the company into an electric-car-only brand using the platform of the Opel Ampera-e for a wide range of models. GM agreed to continue to supply PSA with Ampera-e and other electric vehicle technology.{{cite web|url=http://www.auto-motor-und-sport.de/news/karl-thomas-neumann-im-interview-die-zukunft-von-opel-3229525.html |title=Karl-Thomas Neumann im Interview: Die Zukunft von Opel - auto motor und sport |publisher=Auto-motor-und-sport.de |date=2017-03-15 |access-date=2019-11-02}}{{cite web |url=http://www.autoguide.com/auto-news/2017/03/gm-officially-sells-opel-to-france-s-psa-group.html |title=GM Officially Sells Opel to France's PSA Group in €2.2-Billion Deal |first=Michael |last=Accardi |date=6 March 2017 |website=www.autoguide.com |access-date=13 August 2021}}{{cite web |title=Opel-PSA Group Plans Job Cuts in Vienna |url=https://www.vindobona.org/article/opel-psa-group-plans-job-cuts-in-vienna |website=Vindobona |access-date=25 March 2019 |date=6 April 2018}} In August 2017, PSA completed the acquisition deal of Opel and Vauxhall.{{cite web |url=https://www.autocar.co.uk/car-news/industry/vauxhall-PSA-Group-takeover |title=PSA Group purchase of Opel and Vauxhall completed with new financial company |website=www.autocar.co.uk |date=August 1, 2017 |accessdate=August 29, 2019 }}

GM reported a loss of £195.1 million from its European operations in 2016, sixteenth consecutive loss-making year for GM in Europe, bringing its amount of losses on the continent since 2000 to more than £11.4 billion.{{cite news |url=https://www.bbc.com/news/business-38969791 |title=Peugeot in talks to buy GM's Vauxhall and Opel business |access-date=14 February 2017 |work=BBC News |date=14 February 2017}} Some expressed concerns about what this major acquisition might do to PSA's bottom line. However, due to this amount of debt, it is likely that GM may give the brands to PSA, or sell Opel and Vauxhall at a highly reduced price. Tavares expects synergies a decade after the takeover.{{cite web |url=http://automotivelogistics.media/intelligence/groupe-psa-report-part-1-refait-neuf |archive-url=https://web.archive.org/web/20170403221643/http://automotivelogistics.media/intelligence/groupe-psa-report-part-1-refait-neuf |url-status=dead |archive-date=3 April 2017 |title=Groupe PSA special report: Refait à neuf |author=Christopher Ludwig |date=31 March 2017 |publisher=Automotive Logistics |access-date=6 April 2017 }}

PSA CEO Carlos Tavares met with German Chancellor Angela Merkel and British Prime Minister Theresa May at separate meetings where he toured some of Opel and Vauxhall's operations in Germany and the UK, respectively. He assured the leaders that jobs would be safeguarded and that Vauxhall's Ellesmere Port plant was to be used by PSA at least until 2021.

Tavares announced that he wants Opel to keep its German brand identity and to embrace it, and that he would leverage Opel's pedigree of German engineering and Motorsport and use the company's heritage to reach markets and customers that may not consider a French car due to perceived reliability issues. He also announced that the Opel and Vauxhall brands would be elevated to new heights within Groupe PSA, including the sale of Opel and Vauxhall-branded vehicles outside Europe for the first time in many decades.

On 17 February 2017, PSA announced its bid to acquire PROTON Holdings, which owns the Proton and Lotus brands, but lost out to Geely a few months later.{{cite news |last1=Ganeshwaran Kana |title=Geely acquires Proton stake for RM460mil |url=https://www.thestar.com.my/news/nation/2017/06/24/geely-acquires-stake-for-rm460mil-strategic-partnership-with-china-firm-will-turn-proton-around-says/ |access-date=8 October 2018 |work=The Star newspaper (Malaysia) |date=24 June 2017}}

In May 2019 Fiat Chrysler Automobiles (FCA) announced its intention to seek a merger with Groupe Renault. However, in early June merger talks were suspended, and never resumed.{{Cite news|url=https://www.businessinsider.com/fiat-chrysler-renault-merger-why-it-failed-analysis-background-2019-6|title=French politics killed the Fiat Chrysler-Renault merger|last=DeBord|first=Matthew|date=2019-06-06|work=Business Insider}} On 31 October 2019, Groupe PSA announced intent to merge with FCA. The merger would be on a 50-50 all stock basis. On 18 December 2019, FCA and PSA announced that they had agreed to the terms of a binding £38 billion merger, expected to be implemented in the next 12 months. The new group is incorporated in the Netherlands and has John Elkann as Chairman of the Board and Carlos Tavares as CEO.{{cite web|url=https://www.cnn.com/2019/12/18/business/fiat-chrysler-peugeot/index.html|title=Fiat Chrysler and Peugeot owner agree deal to create world's third largest automaker|publisher=CNN|author=Charles Riley|date=18 December 2019|access-date=18 December 2019}} On 15 July 2020, the two companies announced that the merged entity will be named Stellantis, from the "Latin verb 'stello' meaning 'to brighten with stars.'"{{cite press release |author= |title=STELLANTIS: The name of the new group resulting from the merger of FCA and Groupe PSA |url=https://www.fcagroup.com/en-US/media_center/fca_press_release/FiatDocuments/2020/july/Stellantis_The_name_of_new_group_resulting_from_the_merger_of_FCA_and_Groupe_PSA.pdf |location=Vélizy-Villacoublay and London |publisher=FCA and Groupe PSA |date=2020-07-15 |access-date=2020-07-15}} On 4 January 2021, both shareholders of PSA and FCA approved the merger and the deal was closed on 16 January 2021.{{Cite web|title=Fiat Chrysler and Peugeot shareholders vote to merge, creating world's fourth-largest car maker|url=https://www.nbcnews.com/business/autos/peugeot-shareholders-vote-merge-fiat-chrysler-creating-world-s-fourth-n1252712|access-date=2021-01-04|website=NBC News|date=4 January 2021 |language=en}}{{Cite web|title=Stellantis merger to close on Jan. 16 after PSA, FCA shareholders approve|url=https://www.detroitnews.com/story/business/autos/chrysler/2021/01/04/groupe-psa-fiat-chrysler-shareholders-vote-stellantis-merger/4102655001/|access-date=2021-01-05|last=Noble|first=Breana|website=The Detroit News|language=en}}{{cite web|title=The merger of FCA and Groupe PSA has been completed|url=https://www.fcagroup.com/en-US/media_center/fca_press_release/FiatDocuments/2021/January/The_merger_of_FCA_and_Groupe_PSA_has_been_completed.pdf|access-date=2021-01-16|language=en}}

The Peugeot, Citroën and DS Automobiles brands retain separate sales and marketing structures, but share common technology, development and assembling assets.

Jean-Martin Folz was PSA's CEO between 1996 and early 2007, when he was replaced by former Airbus head Christian Streiff. Streiff was sacked on 29 March 2009, a day after the company posted a full year loss for 2008.{{cite news|url= https://www.reuters.com/article/idUSTRE52S25G20090329 |title=French carmaker Peugeot fires CEO to weather crisis|date=30 March 2009|work=Reuters|access-date=1 October 2010}} Streiff was replaced by Corus Group chief executive Philippe Varin. Carlos Tavares became CEO in 2014.{{cite news|url=https://www.reuters.com/article/us-peugeot-dongfeng-idUSBREA2P1VZ20140326|title=Peugeot signs Dongfeng deal, recovery hurdles remain|work=Reuters|author=Laurence Frost|author2=Gilles Guillaume|date=26 March 2014|access-date=18 December 2019}}

PSA was actively committed to developing its market presence and sales in many fast growing developing countries and regions of the world. This led to huge investments and partnerships in South America, Iran (Iran Khodro){{cite web|last=Tredway |first=Gareth |url=http://automotivelogistics.media/news/psa-saipa-sign-joint-production-iran |title=PSA and Saipa sign up to joint production in Iran {{pipe}} Article {{pipe}} Automotive Logistics |publisher=Automotivelogistics.media |date=2019-01-22 |access-date=2019-11-02}} and China (Dongfeng Peugeot-Citroën Automobile).{{cite web|last=Williams |first=Marcus |url=http://automotivelogistics.media/news/psa-joint-venture-inaugurates-chengdu-plant-china-meet-suv-demand |title=DCPA inaugurates fourth plant in China to meet SUV demand {{pipe}} Article {{pipe}} Automotive Logistics |publisher=Automotivelogistics.media |access-date=2019-11-02}} It announced plans to invest €650 million in a manufacturing plant in Sanand, India. With a capacity of 170,000 vehicles, the Sanand plant started production of the aaa in 2020.{{cite news|url=https://www.wsj.com/articles/SB10001424053111904583204576545512995853954 |title=Peugeot-Citroen to Invest €650 Million in Indian Assembly Plant |work=Wall Street Journal |date=1 September 2011 |access-date=2 September 2011 |url-status=dead |first=David |last=Pearson |archive-url=https://web.archive.org/web/20110902072522/http://online.wsj.com/article/SB10001424053111904583204576545512995853954.html |archive-date=2 September 2011 }}{{cite web|last=Tredway |first=Gareth |url=http://automotivelogistics.media/news/psa-ck-birla-start-joint-production-operations-india |title=PSA and CK Birla to start joint production operations in India {{pipe}} Article {{pipe}} Automotive Logistics |publisher=Automotivelogistics.media |access-date=2019-11-02}} In Kazakhstan, assembly of the Peugeot passenger cars will start in June 2013 with a production capacity of 4,000 units per year at the beginning and more than 10,000 units in the near future.{{cite news|title=Peugeot-Citroën Will Begin Assembly in Kazakhstan in June|url= http://www.satrapia.com/news/article/peugeot-citroen-will-begin-assembly-in-kazakhstan-in-june/ |newspaper=The Gazette of Central Asia|date=7 March 2013|publisher=Satrapia}} A PSA plant was opened in 2018 in Tunisia and in 2019 in Kenitra in Morocco.{{cite web|author=By rachaelhogg2015-06-24T13:01:56+01:00 |url=http://automotivelogistics.media/news/psa-invests-in-morocco-production-site |title=PSA invests in Morocco plant with a view to export {{pipe}} Article {{pipe}} Automotive Logistics |publisher=Automotivelogistics.media |access-date=2019-11-02}}

Citroën will enter the Indian market in early 2021, with the launch of the C5 Aircross SUV manufactured at a plant in Tiruvallur, India.{{Cite web|date=2021-01-04|title=Citroen C5 Aircross SUV's India unveil date out: What to expect from Karoq, Compass rival|url=https://www.financialexpress.com/auto/car-news/citroen-c5-aircross-suvs-india-unveil-date-out-what-to-expect-from-karoq-compass-rival-specs-features-engine-gearbox-price/2164058/|access-date=2021-01-09|website=The Financial Express|language=en-US}}

The manufacturer of Peugeot, Citroën and DS Automobiles-branded cars and vans, 100% owned by PSA Group and formed from the combination of Automobiles Citroën and Automobiles Peugeot. Automobiles Citroën, Automobiles Peugeot, and DS Automobiles remain in operation in relation to specific retail operations in various countries but not in the development or manufacture of vehicles.

{{anchor|Peugeot Citroën Moteurs}}

PSA PowerTrain is a manufacturer of petrol and diesel engines for a range of companies including BMW, Ford, Jaguar, and Land Rover. It was founded by Peugeot in 1898 in Lille and later named Compagnie Lilloise de Moteurs (CLM). In 1992 SCM-CLM as it was then known became Peugeot Citroën Moteurs.{{cite web|title=Official website|url=http://www.peugeot-citroen-moteurs.fr/en-gb/|work=Peugeot Citroën Moteurs|access-date=6 January 2012|archive-url=https://web.archive.org/web/20140116121654/http://www.peugeot-citroen-moteurs.fr/en-gb/|archive-date=16 January 2014|url-status=dead}}

The company has had a partnership with Ford Motor Company since 1998.{{cite web|url= http://www.carpages.co.uk/ford/ford_psa_peugeot_citroen_17_12_04.asp |title=Ford And PSA Peugeot Citroen Announce Plans For Expansion of Diesel Engine Production|publisher=Carpages.co.uk |access-date=30 September 2010}}

PSA and BMW have an agreement to develop the 1.6 Prince engine. PSA also sells their engines, gearboxes and other parts to small independent manufacturers such as De La Chapelle and PGO.{{cite web|title=PGO Cévennes|url= http://www.evo.co.uk/carreviews/evocarreviews/209852/pgo_cvennes.html |work=Evo|access-date=25 April 2013|date=September 2007}} This PSA Peugeot Citroën 1.6-litre turbo petrol engine has received the International Engine of the Year awards a total of eight times, from 2007 to 2014.{{cite web|title=PSA Peugeot Citroen 1.6-litre turbo petrol|url= http://www.ukipme.com/engineoftheyear/results.php?id=14 |publisher=www.ukipme.com |access-date=24 March 2013}}

Process Conception Ingénierie (PCI) is a French-based manufacturer of machine-tools for the automotive and aircraft industry.{{cite web|title=Official website|url=http://www.pci.fr/-rubrique52-.html|work=PCI|access-date=6 January 2012|url-status=dead|archive-url=https://web.archive.org/web/20120301074938/http://www.pci.fr/-rubrique52-.html|archive-date=1 March 2012|df=dmy-all}}

File:Faurecia Logo.svg

PSA owns 57.43% of automotive supplier Faurecia,{{cite web|title=2010 Registration Document |url=http://www.psa-peugeot-citroen.com/document/amf/doc%20de%20ref%20gb1303467412.pdf |work=PSA Peugeot Citroën |access-date=6 January 2012 |url-status=dead |archive-url= https://web.archive.org/web/20110807025428/http://www.psa-peugeot-citroen.com/document/amf/doc%20de%20ref%20gb1303467412.pdf |archive-date=7 August 2011 |df=dmy-all }} a company created by a 1997 merger between Bertrand Faure and PSA-owned ECIA. It provides various components to Peugeot, Citroën, DS and significant interior and exterior parts to companies such as Audi, BMW and Mercedes-Benz.{{cite web|title=Geneva 2011 press pack|url=http://www.faurecia.com/pressroom/press-kits/PieceJointeDossierPresse/GENEVA2011_EN.pdf|work=Faurecia|access-date=6 January 2012}}{{dead link|date=December 2017 |bot=InternetArchiveBot |fix-attempted=yes }}

File:GEFCO Großbeeren.JPG

Gefco is a large international logistics company,{{cite web|title=Official website|url= http://www.gefco.net/en/group/ |work=Gefco|access-date=6 January 2012}} established by Peugeot in 1949 and named Les Groupages Express de Franche-Comté. In November 2012, PSA sold a 75% share to Russian Railways (RZD) for €800m,{{cite web|title=Russian Railways to keep "most" Gefco staff after sale approval|url=http://www.just-auto.com/news/russian-railways-to-keep-most-gefco-staff-after-sale-approval_id129050.aspx|work=Just Auto|access-date=4 March 2013|date=19 November 2012|archive-date=8 March 2020|archive-url=https://web.archive.org/web/20200308150331/https://www.just-auto.com/news/russian-railways-to-keep-most-gefco-staff-after-sale-approval_id129050.aspx|url-status=dead}} but retains Gefco as the main logistics provider.{{cite web|url= http://automotivelogistics.media/intelligence/groupe-psa-report-part-4-engineering-logistics-partnerships |title=Groupe PSA report part 4: Engineering logistics partnerships |author=Christopher Ludwig |date=31 March 2017|publisher=Automotive Logistics|access-date=6 April 2017 |quote=last year, rail represented about 15% of global finished vehicle transport volume, while sea was 21%. the number of vehicles transported by train to around 700,000 units (almost all of them in Europe)}}

Motaquip is an all-makes aftermarket parts company and was established in the UK by PSA Peugeot Citroën in 1981. In December 2014 Motaquip was sold to an outside company to become independent of PSA as "Motaquip Limited". The head office is now based in Nuneaton, UK, with all parts distributed from a warehouse in Luton, UK.

PSA wholly owns Banque PSA Finance which provides financial services, and 98.67% of GIE PSA Tresorerie which was founded in 1990 as a treasury and cash management services division.

A number of marques were inherited following the acquisition of Chrysler Europe in 1978, and some were merged to re-establish Talbot, a previously dormant marque.

Chrysler Europe marques included the British Sunbeam (1901–1976), Humber (1868-1976), Singer (1905–1970), Commer (1905–1979), Hillman (1907–1976), Karrier (1908–1977), the French Simca (1934–1977) and the Spanish Barreiros (1959–1978).

Cycles Peugeot produced bicycles from 1882 until 2005. In 1987, ProCycle of Canada acquired the rights to distribute French-made Peugeots in North America and in 1990, Cycles Peugeot sold the North American rights to market bicycles under the Peugeot name to ProCycle. In 2001, ProCycle discontinued the Peugeot bicycle brand. In Europe, the licence to produce Peugeot-branded bicycles was sold to Cycleurope, a company making bicycles under different names, on condition that it would be reconsidered in 2004. That license was later withdrawn for Europe, though production of bicycles for export continued for another year.

Peugeot Motocycles manufactures a range of mopeds and scooters. In 2014, Mahindra & Mahindra acquired a 51% stake in the company, and in 2019, PSA sold its remaining stake. The company owned 50% of the Chinese Jinan Qingqi Peugeot Motocycles joint venture, which became a wholly owned subsidiary of China South Industries Group in 2013.{{cite web|url= http://en.qingqi.com.cn/about/gongsijieshao.htm |title=Company profile_About Us_Jinan Qingqi Motorcycle Co., Ltd.|last=www.21-sun.com|first=design by|website=en.qingqi.com.cn |access-date=4 March 2016}}

Citer is a French-based car rental company established by Citroën in 1968. It was sold to Enterprise Holdings in 2011.{{cite news|last=Webb|first=Alex|title=Enterprise Buys Peugeot Rental-Car Unit|url=http://mobile.bloomberg.com/news/2011-11-21/enterprise-buys-peugeot-rental-car-unit|access-date=6 January 2012|newspaper=Bloomberg|date=21 November 2011|url-status=dead|archive-url=https://web.archive.org/web/20120309210504/http://mobile.bloomberg.com/news/2011-11-21/enterprise-buys-peugeot-rental-car-unit|archive-date=9 March 2012|df=dmy-all}}

{{main|Sevel}}

Sevel (Société Européenne de Véhicules Légers SA and Società Europea Veicoli Leggeri-Sevel S.p.A.) was established in 1978 and is equally owned by PSA Group and Fiat. As a result of this, two factories have been built assembling three ranges of vehicles, Sevel Nord and Sevel Sud. Peugeot and Fiat's Argentine operations were also joined under the name of Sevel Argentina S.A. (Sociedad Europea de Vehículos para Latinoamérica), although Fiat withdrew from Sevel in 1995. Currently Sevel builds the Fiat Ducato, Peugeot Boxer, and Citroën Jumper.

{{main|Dongfeng Peugeot-Citroën}}

The joint venture with the Chinese company Dongfeng Motor Corporation (later Dongfeng Motor Group) was established in 1992 and produces the Citroën C-Triomphe, 207, 307 and 408 models at factories in Wuhan and Xiangyang.{{cite web|title=China : Wuhan|url=http://www.psa-peugeot-citroen.com/en/psa_group/fiche_nom_b5.php?id=106|work=PSA Peugeot Citroën|access-date=4 January 2012|url-status=dead|archive-url=https://web.archive.org/web/20081113102304/http://www.psa-peugeot-citroen.com/en/psa_group/fiche_nom_b5.php?id=106|archive-date=13 November 2008|df=dmy-all}}

The Kaluga factory was built by the Russian-based joint venture between PSA Peugeot Citroën (70%) and Mitsubishi Motors (30%) established in 2011. The site builds the Mitsubishi Outlander, Pajero Sport, and the Peugeot 308 and Citroën C4.{{cite web|title=PSA Peugeot Citroën and Mitsubishi Motors Corporation begin production at their jointly owned plant in Kaluga|url=http://www.psa-peugeot-citroen.com/en/psa_espace/press_releases_details_d1.php?id=1085|work=PSA Peugeot Citroën press release|access-date=4 January 2012|date=23 April 2010|url-status=dead|archive-url=https://web.archive.org/web/20101209091908/http://www.psa-peugeot-citroen.com/en/psa_espace/press_releases_details_d1.php?id=1085|archive-date=9 December 2010|df=dmy-all}} From 2018, the Peugeot Expert and Citroën Jumpy are built on site.

{{main|IKAP}}

The joint venture with Iran Khodro was established in 2016 and produces some Peugeot models and imports other models in CBU for Iran market.{{cite web|title=IKCO-Peugeot Joint Venture (IKAP) Starts Working|url=http://www.irankhodro.ir/en/News.aspx?ID=18877|work=IKCO news|access-date=22 June 2016}} IKAP is a 50–50 joint venture with the Iran Khodro, based in Tehran.

In 2020, PSA Aftermarket, the post-sales division of the PSA Group, expanded its operations in the circular economy by acquiring [https://www.b-parts.com B-Parts], a platform specializing in the sale of used car parts. This move aligned with the group's "3R" strategy—repair, reuse, and remanufacture—focusing on sustainable automotive solutions. The acquisition also aimed to support PSA Aftermarket's goal of tripling its revenue from circular economy initiatives between 2018 and 2023, aligning with its sustainability goals.{{Cite web |title=PSA compra empresa de peças automóveis portuguesa B-Parts |url=https://www.jornaldenegocios.pt/empresas/automovel/detalhe/psa-compra-empresa-de-pecas-portuguesa-amanha-global |date=July 23, 2020}}

In 2008, the company investigated the option to buy Mitsubishi Motors but a deal could not be concluded and was called off in 2010.{{cite web|title=Mitsubishi left at the altar – again|url=http://www.goauto.com.au/mellor/mellor.nsf/story2/988479664EC45066CA2576E300186C20|work=Go Auto|access-date=4 January 2012|date=11 March 2010|archive-date=7 May 2016|archive-url=https://web.archive.org/web/20160507030001/http://www.goauto.com.au/mellor/mellor.nsf/story2/988479664EC45066CA2576E300186C20|url-status=dead}} One outcome of the talks resulted in the Mitsubishi Outlander and Mitsubishi i-MiEV to be sold as Peugeot and Citroën in Europe.{{cite web|url=http://www.autonews.com/apps/pbcs.dll/article?AID=/20090302/ANE02/903020299/1018|title=PSA to launch electric cars next year|access-date=30 September 2010|year=2009|author=Lawrence J. Speer|work=autonews.com}}

• Toyota Peugeot Citroën Automobile Czech, the 2002 joint venture with PSA and Toyota for the development and manufacturing of a series of city cars in a new factory in the Czech Republic was signed. The resulting company was known as TPCA (Toyota Peugeot Citroën Automobile). It manufactured the Citroën C1, Peugeot 108 and Toyota Aygo until 1 January 2021,{{cite web|title=About us|url=http://www.tpca.cz/en/about-us/tpca-s-milestones|work=TPCA website|access-date=4 January 2012}} when the stake of TPCA was sold to Toyota.
• Guangzhou Peugeot Automobile Company (GPAC) was in operation from 1985 to 1997{{cite web|title=China Press Kit – September 2010|url=http://www.psa-peugeot-citroen.com/document/presse_dossier/DP%20Chine%20GB1284996330.pdf|work=PSA Peugeot Citroën|access-date=8 January 2012|url-status=dead|archive-url=https://web.archive.org/web/20120308133627/http://www.psa-peugeot-citroen.com/document/presse_dossier/DP%20Chine%20GB1284996330.pdf|archive-date=8 March 2012|df=dmy-all}} and produced the Peugeot 504 and 505.
• In 2011, PSA Peugeot Citroën and BMW agreed to establish BMW Peugeot Citroën Electrification as an equal joint venture to develop and manufacture hybrid components including battery packs, generators, power electronics and chargers, and software for hybrid systems.{{cite web|title=BMW Group and PSA Peugeot Citroën Create Joint Venture to Enhance Cooperation on Hybrid Technologies|url=http://www.bmwgroup.com/bmwgroup_prod/e/nav/index.html?http://www.bmwgroup.com/bmwgroup_prod/e/0_0_www_bmwgroup_com/investor_relations/corporate_news/news/2011/PSA_Februar_2011.html|work=BMW Press release|access-date=4 January 2012|archive-date=18 May 2012|archive-url=https://web.archive.org/web/20120518170424/http://www.bmwgroup.com/bmwgroup_prod/e/nav/index.html?http%3A%2F%2Fwww.bmwgroup.com%2Fbmwgroup_prod%2Fe%2F0_0_www_bmwgroup_com%2Finvestor_relations%2Fcorporate_news%2Fnews%2F2011%2FPSA_Februar_2011.html|url-status=dead}} The company was dissolved with the end of 2012 due to the alliance of PSA Peugeot Citroën with General Motors.
• Changan PSA was a 50–50 joint venture with the Chinese Chang'an Automobile Group, based in Shenzhen with an initial annual production capacity of 200,000 vehicles & engines.{{cite web|url=http://www.psa-peugeot-citroen.com/document/publication/Presentation%20Results%20H1%202011_VA_DEF%5B1%5D1311756269.pdf|title=FIRST HALF RESULTS|work=2011 FIRST HALF RESULTS – July 27th, 2011|publisher=PSA Peugeot Citroën|access-date=4 January 2012}}{{dead link|date=February 2018 |bot=InternetArchiveBot |fix-attempted=yes }} It produces cars of the DS Automobiles brand. In 2020, CAPSA was dissolved following the sale of each 50% stake of PSA and Changan to Baoneng Group.

The head office of PSA Group is located in Rueil-Malmaison.{{Cite news|url=https://www.groupe-psa.com/en/contact/|title=Contact - Groupe PSA|work=Groupe PSA|access-date=2018-05-24}} The group has been renting the building since 2017, right after its construction.{{Cite news|url=http://www.lepoint.fr/economie/fin-d-une-epoque-pour-psa-qui-quitte-son-siege-historique-de-paris-01-09-2017-2153831_28.php|title=Fin d'une époque pour PSA qui quitte son siège historique de Paris|last=magazine|first=Le Point|date=2017-09-01|work=Le Point|access-date=2018-05-24|language=fr-FR}} It is {{convert|16250|sqm|sqft|adj=on}} and was housing around 700 employees in 2017.{{Cite news|url=http://www.leparisien.fr/rueil-malmaison-92500/rueil-malmaison-700-salaries-du-groupe-psa-investissent-leur-nouveau-qg-31-08-2017-7225674.php|title=Rueil-Malmaison : 700 salariés du groupe PSA investissent leur nouveau QG|date=2017-08-31|work=leparisien.fr|access-date=2018-05-24|language=fr-FR}}

In the United Kingdom, Peugeot Motor Company PLC is a wholly owned United Kingdom subsidiary of PSA Peugeot Citroën that operates the Peugeot UK, Citroën UK, and DS Automobile brands. Peugeot UK's retail arm is Stellantis &You (known as Robins & Day until 2023), which was part of Rootes Group before becoming a wholly owned subsidiary of Peugeot Motor Company PLC in 1970.

PSA has a number of manufacturing and development sites around the world. Vigo, in Galicia, has PSA's biggest factory in the world. The PSA Mangualde Plant in Portugal produced its millionth vehicle in 2012.{{cite web|url=http://www.lusomotores.com/index.php?option=com_content&view=article&id=26391:psa-de-mangualde-produz-unidade-1-000-000&catid=312&Itemid=159|title=PSA de Mangualde produz unidade 1.000.000|website=www.lusomotores.com|access-date=24 April 2018|language=pt|archive-url=https://web.archive.org/web/20180416073619/http://www.lusomotores.com/index.php?option=com_content&view=article&id=26391:psa-de-mangualde-produz-unidade-1-000-000&catid=312&Itemid=159|archive-date=16 April 2018|url-status=dead|df=dmy-all}}

PSA invested {{INR}}4 billion to establish a new plant in Chennai, India.{{cite news| url=http://economictimes.indiatimes.com/news/news-by-industry/auto/automobiles/peugeot-to-set-up-rs-4000-cr-plant-in-tamil-nadu/articleshow/9046813.cms|work=The Times of India | title=Peugeot to set up Rs 4,000-cr plant in Tamil Nadu| date=30 June 2011}}

The group announced on 29 November 2016 at Tunisia's investment conference 2020 it will open a factory plant in the country in mid-2018. The factory will have a planned annual production of 1,200 units.{{Cite news|url=http://media.groupe-psa.com/en/press-releases/international/psa-group-bolsters-its-commitment-to-tunisia|title=PSA Group bolsters its commitment to Tunisia}}

In January 2018, Groupe PSA had chosen to establish its new North American headquarters in Atlanta after a yearlong, nationwide search to find the optimal balance of business environment, standard of living and workforce.{{Cite news|url=https://www.businesswire.com/news/home/20180123005896/en/Groupe-PSA-Chooses-Atlanta-North-American-Headquarters|title=Groupe PSA Chooses Atlanta for its North American Headquarters|access-date=2018-05-10}} However, with Groupe PSA's 2021 merger with Fiat Chrysler Automobiles to form Stellantis, plans to bring the Peugeot brand back to North America were cancelled in favour of focusing on FCA's existing American brands Chrysler, Dodge, Jeep, and Ram.{{cite web |last1=Beresford |first1=Colin |title=Stellantis Confirms Peugeot Not Coming to U.S., Focus to Be on Alfa, Chrysler |url=https://www.caranddriver.com/news/a35473579/peugeot-no-us-plans-stellantis/ |publisher=Car and Driver |access-date=1 April 2023 |date=8 March 2021}}

{{Outdated section|date=October 2021}}

File:Peugeot 2008 HYbrid air SAO 2014 0299.JPG

PSA Group exhibited the "Hybrid Air" engine, an experimental petro-hydraulic hybrid, at the 2013 Geneva Motor Show. The engine is the result of a secret development project involving about 100 people. The basic technology is not new—it has been used in heavy vehicles such as garbage trucks or buses which frequently start and stop—but its application to passenger cars is.{{cite news|title=Peugeot's Hybrid Air: the car of the future that runs on air|url=https://www.theguardian.com/environment/2013/mar/24/peugeot-hybrid-air-car-future|access-date=25 March 2013|newspaper=The Observer The Guardian|date=23 March 2013|author=Tim Lewis|location=London}} The vehicle uses nitrogen gas compressed by energy harvested from braking or deceleration to power a hydraulic drive which supplements power from its conventional gasoline engine. The hydraulic and electronic components were supplied by Robert Bosch GmbH. Production versions were scheduled for 2015 or 2016 to sell at about €22,560 (£18,983). Mileage was estimated to be about 3.5 L/100 km or 80 miles per gallon for city driving if installed in a Citroën C3.{{cite news|title=Compressing Gas for a Cheaper, Simpler Hybrid|url=https://www.nytimes.com/2013/03/03/automobiles/compressing-gas-for-a-cheaper-simpler-hybrid.html|access-date=2 March 2013|newspaper=The New York Times|date=1 March 2013|author=David Jolly}}

Peugeot and Citroën have won many awards for their vehicles including: ten times the European Car of the Year award, 12 times the "Car of the year" Auto Europa award in Italy, 18 times the "car of the year" in Spain, and five times the "Irish Car of the Year" award.

European Car of the Year award winners:{{cite web|url=http://www.caroftheyear.org|title=European Car of the Year webpage|publisher=Caroftheyear.org|access-date=26 September 2014}}

• 1969 – Peugeot 504
• 1971 – Citroën GS
• 1975 – Citroën CX
• 1988 – Peugeot 405
• 1990 – Citroën XM
• 2002 – Peugeot 307
• 2014 – Peugeot 308 II{{cite web|url=https://www.telegraph.co.uk/motoring/motor-shows/geneva-motor-show/10673573/Peugeots-308-wins-2014-Car-of-the-Year.html |archive-url=https://ghostarchive.org/archive/20220112/https://www.telegraph.co.uk/motoring/motor-shows/geneva-motor-show/10673573/Peugeots-308-wins-2014-Car-of-the-Year.html |archive-date=12 January 2022 |url-access=subscription |url-status=live|title=Peugeot's 308 wins 2014 Car of the Year|publisher=The Telegraph|date=3 March 2014|access-date=26 September 2014}}{{cbignore}}
• 2017 – Peugeot 3008 II
• 2020 – Peugeot 208 II

• List of manufacturers by motor vehicle production

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