psa

Groupe PSA (French pronunciation: [ɡʁup pe ɛs a]; also known as the PSA Group in English; formerly known as PSA Peugeot Citroën from 1991 to 2016) is a French multinational manufacturer of automobiles and motorcycles sold under the Peugeot, Citroën, DS, Opel and Vauxhall brands. Peugeot is the largest PSA brand. PSA is listed on the Euronext Paris stock exchange and is a constituent of the CAC 40 index.Beginning in 2016, PSA began to outline a strategy which entailed the rapid expansion of the company, through both geographic expansion and acquisitions of other car companies. PSA has announced plans to enter the Indian, American, Canadian, ASEAN, and other markets in the coming years.
Headquartered in Rueil-Malmaison, PSA, with sales of 3.88 million units in 2018, was the third-largest Europe-based automaker, just a fraction behind Renault.On October 31, 2019 Groupe PSA announced intent to merge with Fiat Chrysler Automobiles. The merger would be on a 50-50 all stock basis. On December 18, 2019 FCA and PSA announced that they had agreed to the terms of a binding $50 billion merger.

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