Who Owns Peugeot

Peugeot is one of the most recognizable automotive brands in the world. Founded in France in 1810, it has evolved into a global powerhouse in the automobile industry. This blog post delves into the ownership structure of Peugeot, exploring its history, mergers, and current parent company.

Key Takeaways

• Peugeot is a historic French automobile brand established in 1810.
• The brand is now part of Stellantis N.V., a multinational group formed in 2021 through a merger between PSA Group and Fiat Chrysler Automobiles.
• PSA Group (Peugeot Société Anonyme) was the parent company before the merger.
• Peugeot has a significant influence in the European and global automobile markets.

Table of Contents

• An Overview of Peugeot
• The Historical Evolution of Peugeot
  • Early Days and Growth
  • Significant Milestones
• Mergers and Acquisitions
  • Formation of PSA Group
  • Stellantis: A New Era
• Current Ownership
• Conclusion

An Overview of Peugeot

Peugeot is more than just a car manufacturer; it is a brand rich in history and innovation. From bicycles to automobiles, Peugeot has covered a vast expanse of products over its impressive timeline. Owned by Stellantis N.V., it stands as a testament to European automotive engineering.

The Historical Evolution of Peugeot

Early Days and Growth

Peugeot began its journey in 1810 as a family business manufacturing coffee mills and bicycles. The transition to automobile production started in the late 19th century, with Armand Peugeot leading the way. The first Peugeot car was introduced in 1889, marking the brand’s initial step into the automotive world.

Significant Milestones

• 1896: Armand Peugeot established the Société des Automobiles Peugeot, separating it from the family’s other businesses.
• 1948: The launch of the Peugeot 203, the first car fully developed after World War II, garnering immense popularity.
• 1974: Peugeot acquired a 30% share in Citroën, eventually leading to the formation of PSA Group.

Mergers and Acquisitions

Formation of PSA Group

PSA Group was formed in 1976 after Peugeot took over Citroën, creating a conglomerate of French automotive excellence. This merger allowed Peugeot to expand its brand presence and leverage shared resources for technological advancements.

Stellantis: A New Era

In January 2021, Peugeot became part of the newly formed Stellantis N.V. after the merger of PSA Group with Fiat Chrysler Automobiles (FCA). The merger aimed to create a global leader in sustainable mobility by combining the strengths of both companies.

Stellantis now oversees several major brands, including Peugeot, making it the sixth-largest automaker in the world by annual sales.

Current Ownership

Peugeot is wholly owned by Stellantis N.V., a multinational automotive manufacturing corporation. Formed through one of the industry’s most significant mergers, Stellantis holds numerous well-known brands, signifying a robust portfolio in the automotive sector.

Delve deeper into the structure of Peugeot’s parent company by visiting Who Owns.

For more detailed and verified information, you can also visit the official Stellantis website.

Conclusion

Peugeot’s journey from a humble coffee mill manufacturer to a key player in the global automotive industry is nothing short of extraordinary. Now part of Stellantis N.V., Peugeot continues to thrive, innovate, and solidify its place as a leading car manufacturer.

Be sure to explore further details and ownership structures on the curated Who Owns website.