19 Facts About Groupe PSA

Groupe PSA was listed on the Euronext Paris stock exchange and was a constituent of the CAC 40 index.

Groupe PSA has announced plans to enter the Indian, American, Canadian, South East Asian, and other markets in the coming years.

In 2019, Groupe PSA was the ninth largest automaker in the world, after Volkswagen, Toyota, the Renault–Nissan–Mitsubishi Alliance, General Motors, Hyundai Motor Group, Ford Motor Company, Honda, and Fiat Chrysler Automobiles.

Since Citroen had two successful new designs in the market at this time and Peugeot was typically prudent in its own finances, the Groupe PSA venture was a financial success from 1976 to 1979.

In late 1978, Groupe PSA purchased the failing Chrysler Europe from the troubled US parent firm for a nominal US$1.

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In early 2016, Groupe PSA unveiled a roadmap detailing its plan to re-enter the North American car market for the first time since 1991.

On 10 February 2017, Groupe PSA announced a 50:50 joint venture with the CK Birla Group, the owner of the Hindustan Motors to sell Peugeot, Citroen, and DS vehicles in India and purchase of the Ambassador brand from Hindustan Motors at the cost of INR 80 Crore.

On 14 February 2017 Groupe PSA announced that it was in talks to acquire Opel and Vauxhall Motors from General Motors.

Groupe PSA 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.

Groupe PSA 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, Groupe PSA announced its bid to acquire PROTON Holdings, which owns the Proton and Lotus brands, but lost out to Geely a few months later.

On 18 December 2019, FCA and Groupe PSA announced that they had agreed to the terms of a binding $50 billion merger, expected to be implemented in the next 12 months.

Groupe PSA was actively committed to developing its market presence and sales in many fast growing developing countries and regions of the world.

Groupe PSA PowerTrain is a manufacturer of petrol and diesel engines for a range of companies including Ford, Jaguar, BMW, and Land Rover.

Groupe PSA sell their engines, gearboxes and other parts to small independent manufacturers such as DeLaChapelle and PGO.

Groupe PSA wholly owns Banque Groupe PSA Finance which provides financial services, and 98.

Groupe PSA has a number of manufacturing and development sites around the world.

Groupe PSA has chosen to establish its new North American headquarters in Atlanta, Fulton County, Georgia.

Groupe PSA Group exhibited the "Hybrid Air" engine, an experimental petro-hydraulic hybrid, at the 2013 Geneva Motor Show.