Groupe PSA

Groupe PSA

Head office in Paris, 75 avenue de la Grande Armée, Paris 16th arr.
Trading name	Groupe PSA
Type	Société Anonyme
Traded as	Euronext: UG OTC Pink:
Industry	Automotive
Predecessor	Citroën Peugeot Chrysler Europe
Founded	Paris, France (April 1976) (as PSA Peugeot Citroën)
Headquarters	Paris, France
Area served	Worldwide except India, United States, and Canada. Has entered the US with a ridesharing operation and will begin selling cars in North America in 2020, and in India in 2018.
Key people	Carlos Tavares (CEO and Chairman of the management board) Thierry Peugeot (Chairman of the supervisory board)
Products	Automobiles (73.8%) Automotive parts (21%) Financing (2.8%) Logistics (2.2%) Motorcycles (0.2%)
Production output	4,274,769 units (2016)
Revenue	€54.030 billion (2016)
Operating income	€2.611 billion (2016)
Net income	€2.149 billion (2016)
Total assets	€49.110 billion (2015)
Total equity	€12.219 billion (2012)
Owner	Dongfeng Motor (13.68%) French state (13.68%) Peugeot family (13.68%)
Number of employees	184107 (Total 2015)
Subsidiaries	List Vehicle Brands Ambassador Citroën DS Automobiles Hindustan Motors Opel (pending) Peugeot Peugeot Motocycles PROTON Holdings (pending) Vauxhall (pending) Automotive parts Faurecia (majority stake) GEFCO (75% sold to RZD Russian Railways, September 2012) Financing Banque PSA Finance Other Process Conception Ingénierie BMW Peugeot Citroën Electrification Peugeot Citroën Moteurs International Divisions: PSA Peugeot Citroën do Brasil PSA Peugeot Citroën China Dongfeng Peugeot-Citroën Automobile Changan PSA Automobile Toyota Peugeot Citroën Automobile Czech Peugeot Citroën Mitsubishi Automotiv Rus (70%) PSA Peugeot Mexico PSA Peugeot Citroën of Iran
Website	www.groupe-psa.com

Groupe PSA (informally PSA; known as PSA Peugeot Citroën from 1991 to 2016) is a French multinational manufacturer of automobiles and motorcycles sold under the Peugeot, Citroën, DS Automobiles, Lotus, Proton, Opel, Vauxhall, Hindustan Motors and Ambassador brands. PSA is listed on the Euronext Paris stock exchange and is again a constituent of the CAC 40 index (2015) after having been removed in 2012.

Beginning in 2016, PSA began to outline a strategy which entailed the rapid expansion of the company, through both geographic expansion and acquisitions of other car companies. PSA has announced plans to enter the Indian, American, Canadian, ASEAN, and other markets in the coming years.

Headquartered in the 16th arrondissement of Paris, PSA (with 3.14 million units) was in 2016 the third-largest Europe-based automaker. With the acquisition of GM's Opel and Vauxhall brands, Groupè PSA has officially become Europe's second largest automaker, and it's sales have more than doubled with the brands aforementioned as well as PROTON Holdings, a Malaysia-based company that produces Proton and Lotus-badged vehicles, and Hindustan Motors, an India-based company who's primary vehicle was the Hindustan Ambassador, which will be leveraged to create a new brand for which PSA to sell it's cars in India for the first time in over twenty years.

In December 1974 Peugeot S.A. acquired a 38.2% share of Citroën. On 9 April 1976 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. 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.