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peugeot.com. Peugeot ( UK: / ˈpɜːʒoʊ / ⓘ, US: / p ( j) uːˈʒoʊ / ⓘ, French: [pøʒo] ⓘ) is a French brand of automobiles owned by Stellantis. [3] [4] [5] The family business that preceded the current Peugeot companies was founded in 1810, [6] and it is regarded as the oldest car company in the world. [7]
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Browse the best May 2024 deals on Peugeot vehicles for sale in Columbus, OH. Save $0 right now on a Peugeot on CarGurus.
- History
- Operations
- Joint Ventures and Collaborations
- Locations
- Vehicles
Citroën acquisition
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 Peugeotwas typically prudent in its own finances, the PSA venture was a financial success from 1976 to 1979.
Chrysler Europe acquisition
In late 1978, PSA purchased the failing Chrysler Europe (which had been Rootes and Simca) from the troubled US parent firm for a nominal US$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 Talbotsports car last seen in the 1950s. From then on, the whole Chrysler/Simca range was sold under the Talbot...
Crisis
On 29 February 2012, PSA announced the creation of a major alliance with General Motors(GM), as part of which GM became PSA's second-largest shareholder, after the Peugeot family, with a holding of 7%. The alliance was intended to enable $2 billion per year of cost savings through platform sharing, common purchasing and other economies of scale. In July 2012, a union official said that PSA Peugeot Citroën would cut as much as 10 percent (8,000-10,000) of its French workforce of 100,356 employ...
The Peugeot, Citroën and DS Automobiles brands retain separate sales and marketing structures, but share common technology, development and assembling assets. Jean-Martin Folz was PSA's CEO between 1996 and early 2007, when he was replaced by former Airbus head Christian Streiff. Streiff was sacked on 29 March 2009, a day after the company posted a...
Sevel S.p.A.
Sevel (Société Européenne de Véhicules Légers SA and Società Europea Veicoli Leggeri-Sevel S.p.A.) was established in 1978 and is equally owned by PSA Group and Fiat. As a result of this, two factories have been built assembling three ranges of vehicles, Sevel Nord and Sevel Sud. Peugeot and Fiat's Argentine operations were also joined under the name of Sevel Argentina S.A. (Sociedad Europea de Vehículos para Latinoamérica), although Fiat withdrew from Sevel in 1995. Currently Sevel builds th...
Dongfeng Peugeot-Citroën Automobile
The joint venture with the Chinese company Dongfeng Motor Corporation (later Dongfeng Motor Group) was established in 1992 and produces the Citroën C-Triomphe, 207, 307 and 408 models at factories in Wuhan and Xiangyang.
Peugeot Citroën Mitsubishi Automotiv Rus
The Kaluga factory was built by the Russian-based joint venture between PSA Peugeot Citroën (70%) and Mitsubishi Motors (30%) established in 2011. The site builds the Mitsubishi Outlander, Pajero Sport, and the Peugeot 308 and Citroën C4. From 2018, the Peugeot Expert and Citroën Jumpyare built on site.
Head office
The head office of PSA Group is located in Rueil-Malmaison. The group has been renting the building since 2017, right after its construction.It is 16,250-square-metre (174,900 sq ft) and was housing around 700 employees in 2017.
United Kingdom
In the United Kingdom, Peugeot Motor Company PLC is a wholly owned United Kingdom subsidiary of PSA Peugeot Citroën that operates the Peugeot UK, Citroën UK, and DS Automobile brands. Peugeot UK's retail arm is Robins & Day which was part of Rootes Groupbefore becoming a wholly owned subsidiary of Peugeot Motor Company PLC in 1970.
Other locations
PSA has a number of manufacturing and development sites around the world. Vigo, in Galicia, has PSA's biggest factory in the world. The PSA Mangualde Plantin Portugal produced its millionth vehicle in 2012. PSA invested ₹4 billion to establish a new plant in Chennai, India. The group announced on 29 November 2016 at Tunisia's investment conference 2020 it will open a factory plant in the country in mid-2018. The factory will have a planned annual production of 1,200 units. In January 2018, Gr...
Awards
Peugeot and Citroën have won many awards for their vehicles including: ten times the European Car of the Year award, 12 times the "Car of the year" Auto Europaaward in Italy, 18 times the "car of the year" in Spain, and five times the "Irish Car of the Year" award. European Car of the Year award winners: 1. 1969 – Peugeot 504 2. 1971 – Citroën GS 3. 1975 – Citroën CX 4. 1988 – Peugeot 405 5. 1990 – Citroën XM 6. 2002 – Peugeot 307 7. 2014 – Peugeot 308 II 8. 2017 – Peugeot 3008 II 9. 2020 – P...
- Paris, France, April 1976; 47 years ago
- €74.731 billion (2019)
- 209,000 (2019)
- Rueil-Malmaison, France
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Peugeot 207 S2000. Peugeot 208. Peugeot 208 T16. Peugeot 301 (1932–1936) Peugeot 301 (2012) Peugeot 302. Peugeot 304. Peugeot 305. Peugeot 306.
