What French car brand is the P in PSA?

What French car brand is the P in PSA?

PSA Group, French Groupe PSA, formerly PSA Peugeot Citroën, major French automotive manufacturer and holding company that was formed from the merger of Peugeot and Citroën in 1976. It is one of Europe’s largest carmakers. Its headquarters are in Paris.

What does PSA stand for in automotive?

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.

What cars are in the PSA Group?

Now under the Stellantis umbrella are Chrysler, Dodge, Jeep, Ram, Fiat, Alfa Romeo, Abarth, Lancia, and Maserati—thanks to FCA—as well as Citroën, DS, Opel, Peugeot, and Vauxhall, thanks to PSA.

Who owns Peugeot Dangote?

The joint venture, which is 65 per cent owned by Dangote and 35 per cent by Sinotruck, will assemble components and knock down parts imported from Sinotruck to the Nigerian plant.

Are Citroën and Peugeot the same company?

Peugeot and Citroën are part of the same group but they are not the same company. They share many parts just like all the different manufacturers who are part of General Motors.

Why did FCA merge with PSA?

Shareholders of the two companies voted to join forces in an effort to cope with a major technology shift and plummeting sales.

Who bought Opel?

In March 2017, PSA agreed to acquire Opel, the English twin sister brand Vauxhall and the European auto lending business from General Motors for €2 billion ($2.3 billion), making the French automaker the second biggest in Europe, after Volkswagen. Opel is still headquartered in Rüsselsheim am Main.

What is a Citroën car?

Citroën (French pronunciation: ​[sitʁɔɛn]) is a French brand of automobiles owned by Stellantis. In 1934, the firm established its reputation for innovative technology with the Traction Avant.

Is RAM owned by Fiat?

Ram Trucks, stylized as RAM and formerly known as the Ram Truck Division (of Chrysler), is an American brand of light to mid-weight trucks and other commercial vehicles, and a division of Stellantis (previously Fiat Chrysler Automobiles).

Is Peugeot and PSA the same?

Groupe PSA (French pronunciation: ​[ɡʁup pe ɛs a]; known legally as Peugeot S.A.; also known as the PSA Group in English; 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.

Where are PSA Peugeot Citroën cars made?

PSA Peugeot Citroën. Archived from the original on 13 November 2008. Retrieved 4 January 2012. ^ “PSA Peugeot Citroën and Mitsubishi Motors Corporation begin production at their jointly owned plant in Kaluga”. PSA Peugeot Citroën press release. 23 April 2010. Archived from the original on 9 December 2010.

When did PSA start selling cars in India?

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, Citröen, and DS vehicles in India and purchase of the Ambassador brand from Hindustan Motors at the cost of INR 80 Crore. This marks the first time in over twenty years that PSA will be selling cars in India.

Where is Banque PSA based?

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.