In April 1976 Peugeot Merges with Citroen. Peugeot S.A. acquires 90% of the capital of Citroen, following an exchange of shares with Michelin. In May, the Peugeot-Citroen group is created by the merger of Citroen SA and Peugeot SA, in which Peugeot takes over Citroen. PSA holds 100% of the two automakers.
The group's annual output: 1,513,500 vehicles.
belldavid333
2006-07-23 03:30:53 UTC
No, but they are affiliated, much like all the companies in General Motors or Ford Motor Company. They may share some components but their vehicles are unique and are not shared.
Scorpion
2006-07-23 03:31:44 UTC
No, but both are French..
John
quiksilver3010
2006-07-23 03:30:54 UTC
no but both are french
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