Groupe PSA (also known as the PSA Group in English; formerly known as PSA Peugeot Citroën from 1991 to 2016) is a French multinational manufacturer of automobiles and motorcycles sold under the Peugeot, Citroën, DS, Opel and Vauxhall brands. Peugeot is the largest PSA brand.
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.
Headquartered in Rueil-Malmaison, PSA, with sales of 3.88 million units in 2018, was the third-largest Europe-based automaker, just a fraction behind Renault.
On October 31, 2019 Groupe PSA announced intent to merge with Fiat Chrysler Automobiles. The merger would be on a 50-50 all stock basis. On December 18, 2019 FCA and PSA announced that they had agreed to the terms of a binding $50 billion merger.
(source: wikipedia.org)
| Main color | #2a385a |
| Current version year | 2016 |
| Country | Rueil-Malmaison, France |
| Market | Euronext: UG |
| Brand Site | www.groupe-psa.com |
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