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Thread: Did Peugeot buy Citroën or Citroen buy Peugeot?

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    Default Did Peugeot buy Citroën or Citroen buy Peugeot?

    Or didn't any of them buy the other? How did PSA come to existence?

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    Senior Member Robert Pickett's Avatar
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    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.

    Information unashamedly stolen from Wikipedia!
    Last edited by Robert Pickett; Jul-09-2018 at 12:59.

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    Senior Member elgars ghost's Avatar
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    I remember Top Gear giving Peugeot some hammer in this sketch...

    Last edited by elgars ghost; Jul-09-2018 at 13:55.
    '...a violator of his word, a libertine over head and ears in debt and disgrace, a despiser of domestic ties, the companion of gamblers and demireps, a man who has just closed half a century without a single claim on the gratitude of his country or the respect of posterity...' - Leigh Hunt on the Prince Regent (later George IV).

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    Senior Member Robert Pickett's Avatar
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    "Quality French automobile" is akin to "Great Hungarian cricketer"??

    Forgetting, of course, who manufactured the Austin Metro.
    Last edited by Robert Pickett; Jul-09-2018 at 16:12.

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    Peugeot made good, boringly reliable cars in the 80s and 90s. Their diesel engines were durable.

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    Quote Originally Posted by Tulse View Post
    Peugeot made good, boringly reliable cars in the 80s and 90s. Their diesel engines were durable.
    And bought Citroen?

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    Quote Originally Posted by Tulse View Post
    Peugeot made good, boringly reliable cars in the 80s and 90s. Their diesel engines were durable.
    Peugeots were sold here in the US until the early 1990s and they most certainly did not have a reputation for being boringly reliable. Stylishly unreliable would probably be a better way to describe them. Their diesel engines were probably decent though. They have quite a reputation for them. I seem to remember them using the PRV petrol engines in the 505 they sold here until their demise from the US market. These were made under a joint venture between Peugeot, Renault, and Volvo. Chrysler used them in a couple of models after they brought out AMC (AMC and Renault were linked up at one time), the Eagle Premier and Dodge Monaco.

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    Quote Originally Posted by atsizat View Post
    And bought Citroen?
    yes .

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    Member Norman Gunston's Avatar
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    But they have now brought Opel

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    Will Peugeot beat Tvornica Autobusa Zagreb in the world Cup
    "Everyone is born with genius, but most people only keep it a few minutes"
    ÉddïéRÛKíddîngVãrèsë! -I got a dog and not sure what to call it DoggydogdogMcgguPface maybe............

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    Senior Member Dan Ante's Avatar
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    Quote Originally Posted by EddieRUKiddingVarese View Post
    Will Peugeot beat Tvornica Autobusa Zagreb in the world Cup
    Of course they will but wait till they get a taste of Holden.
    "Understeer is when you hit the wall with the front of the car, oversteer is when you hit the wall with the rear of the car.

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    Senior Member EddieRUKiddingVarese's Avatar
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    Quote Originally Posted by Dan Ante View Post
    Of course they will but wait till they get a taste of Holden.
    Think we already have with the Commodore now Peugeot owned
    "Everyone is born with genius, but most people only keep it a few minutes"
    ÉddïéRÛKíddîngVãrèsë! -I got a dog and not sure what to call it DoggydogdogMcgguPface maybe............

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    Senior Member Dan Ante's Avatar
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    Oh shoot I am well out of touch. ..

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