What is PSA in the automotive industry?
2 Answers
PSA is not an automobile brand, but a French private automotive manufacturing company. It is committed to providing global consumers with distinctive automotive experiences and free, enjoyable mobility solutions. Here is an introduction about PSA: 1. The PSA Group is a world-renowned automobile manufacturer operating in 140 countries worldwide. 2. With its two strong brands, Peugeot and Citroën, the PSA Group has gained extensive experience in the automotive and industrial sectors. 3. In October 2019, the PSA Group and FCA Group reached a consensus on merger, with a 50:50 equity distribution principle, becoming the world's fourth-largest automobile manufacturer.
PSA is a major French automotive company, formerly known as Peugeot Citroën, which has now merged with Fiat Chrysler to form a large group called Stellantis. They own many brands, such as Peugeot, whose cars my family has driven, like the 308 hatchback, which has stylish design, stable handling, and good fuel efficiency; Citroën is more distinctive, with spacious interiors in models like the C-series; there's also the standalone luxury brand DS, whose cars are very high-end, with quality that rivals German brands; by the way, Opel and Vauxhall are also part of their portfolio, acquired in recent years, and are very common on European roads. After the merger, they rank among the top three globally in size, and technology sharing has made electric vehicles like the e208 increasingly reliable. They excel in economical and practical small cars, so if you're considering a family or entry-level vehicle, they're worth checking out.