Peugeot Citroën Moteurs

Groupe PSA

Head office in Paris, 75 avenue de la Grande Armée, Paris 16th arr.
Trading name	Groupe PSA
Formerly called	PSA Peugeot Citroën
Type	Société Anonyme
Traded as	Euronext: UG OTC Pink:
Industry	Automotive
Predecessor	Citroën Peugeot Chrysler Europe
Founded	Paris, France (April 1976)
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 Citroën DS Automobiles Hindustan Motors Opel Peugeot Vauxhall Motors 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	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 and DS Automobiles brands, and pending the completion of their agreed purchase from GM, Opel and Vauxhall Motors too. 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. Following the completion of the agreed acquisition of Opel and Vauxhall Motors brands from General Motors, Groupe PSA will become Europe's second largest automaker.

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.

In late 1978, PSA purchased the failing Chrysler Europe (which had been Rootes and Simca) from the troubled U.S. parent firm for a nominal USD $1.00, plus assumption of outstanding debt, leading to losses for the consortium from 1980 to 1985. 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.