PSA Group

Former French automotive manufacturing corporation

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2024 EB2ADTS engine variant to be used in Alfa Romeo Junior, further demonstrating the engine's versatility across different automotive brands.
2023 Mahindra launches second-generation M HAWK (4D22) engine in THAR, XUV700, Scorpio N, Scorpio, and THAR ROXX models.
2023 EB2ADTX 1.2L turbo engine introduced in Fiat 600
2021 Release of an all-new Astra based on PSA platform and using PSA engines
January 2021 Citroën enters the Indian market, launching the C5 Aircross SUV manufactured at the Tiruvallur plant in India.
January 16 2021 The merger between PSA and FCA is officially completed, forming Stellantis.
January 4 2021 Shareholders of PSA and FCA approved the merger.
January 1 2021 PSA Group sold its stake in Toyota Peugeot Citroën Automobile Czech (TPCA) to Toyota, ending the joint manufacturing arrangement.
2020 Peugeot 208 II is named European Car of the Year, continuing the brand's impressive track record of automotive excellence.
2020 Changan PSA joint venture was dissolved, with PSA and Changan selling their 50% stakes to Baoneng Group.
2020 PSA Aftermarket acquired B-Parts, a platform selling used car parts, as part of its strategy to expand operations in the circular economy and support sustainability goals. The acquisition aimed to help the division triple its revenue from circular economy initiatives between 2018 and 2023.
2020 Production begins at the Sanand, India manufacturing plant with a capacity of 170,000 vehicles, following a €650 million investment.
2020 Tata discontinues 2.2 Dicor engine due to Bharat Stage 6 emission standards. Mahindra updates M HAWK engine to meet BS6 standards.
2020 EB2F engine further upgraded to 83 hp, reflecting ongoing engine performance improvements.
December 31 2020 Toyota Peugeot Citroën Automobile Czech (TPCA) joint venture ended, with Toyota taking over the operations in early 2021.
July 16 2020 PSA and FCA announce the new merged company name as Stellantis.
July 15 2020 The merged entities announced the new group would be named Stellantis, derived from the Latin verb 'stello' meaning 'to brighten with stars'.
2019 PSA sold its remaining stake in Peugeot Motocycles to Mahindra & Mahindra.
2019 PSA opens a manufacturing plant in Kenitra, Morocco.
2019 Citroën Jumper and Peugeot Boxer start using DW12 RU engine, which meets Euro 6d emission standards.
2019 Facelift of Opel/Vauxhall Astra K with a new 1.2 3-cylinder turbo engine (not a PSA PureTech engine)
December 18 2019 PSA and Fiat Chrysler Automobiles (FCA) announce a binding $50 billion merger agreement.
October 31 2019 Groupe PSA announced intent to merge with FCA on a 50-50 all stock basis.
June 2019 Merger talks between FCA and Renault were suspended and never resumed.
May 2019 Fiat Chrysler Automobiles (FCA) initially announced its intention to seek a merger with Groupe Renault.
2018 PSA achieved sales of 3.88 million units, becoming the third-largest Europe-based automaker.
2018 The Kaluga factory expands its production to include the Peugeot Expert and Citroën Jumpy commercial vehicles, in addition to existing models like the Mitsubishi Outlander, Pajero Sport, Peugeot 308, and Citroën C4.
2018 Mahindra XUV500 receives 6th generation e-VGT engine update.
June 2018 PSA Group planned to open a new factory in Tunisia with an annual production capacity of 1,200 units.
January 2018 Groupe PSA selected Atlanta as its new North American headquarters after a nationwide search, considering business environment, living standards, and workforce.
2017 Peugeot 3008 II wins the European Car of the Year award, further solidifying the brand's reputation for innovative vehicles.
2017 EB2F engine variant updated to 82 hp output for vehicles like Citroen C4 Cactus and Citroën C3 III.
2017 EB2F engine power rating updated from 82 hp to 83 hp
August 2017 PSA Group completed the acquisition of Opel and Vauxhall Motors from General Motors.
February 14 2017 PSA Group announced talks to acquire Opel and Vauxhall Motors from General Motors, which came as a surprise to the press and Opel's leadership.
2016 General Motors reported a £195.1 million loss from its European operations, marking its sixteenth consecutive loss-making year in Europe.
2016 PSA begins strategic expansion, planning to enter Indian, American, Canadian, Southeast Asian, and other global markets.
November 29 2016 PSA Group announced plans to open a new factory in Tunisia during the country's investment conference 2020, with a planned annual production of 1,200 units and scheduled to open by mid-2018.
2015 Jaguar XF discontinues the use of DW12 engine.
2014 Peugeot 308 II is awarded the European Car of the Year, highlighting the brand's continued success in automotive design.
2014 Mahindra & Mahindra acquired a 51% stake in Peugeot Motocycles.
2014 Introduction of the EB engine family (PureTech) with multiple variants, including the EB2F 1.2L naturally aspirated engine used in Citroen C1 II
2013 The Chinese Jinan Qingqi Peugeot Motocycles joint venture became a wholly owned subsidiary of China South Industries Group.
June 2013 PSA begins assembly of Peugeot passenger cars in Kazakhstan, initially with a production capacity of 4,000 units per year, with plans to expand to over 10,000 units.
2012 PSA Mangualde Plant in Portugal achieved a milestone by producing its millionth vehicle.
2012 Jaguar XF starts using DW12 engine in longitudinal mounting, available in 163 PS or 200 PS versions. Mahindra carries M HAWK engine to Mahindra Xylo.
December 31 2012 BMW Peugeot Citroën Electrification joint venture was dissolved due to PSA's alliance with General Motors.
2011 PSA Peugeot Citroën and BMW established BMW Peugeot Citroën Electrification, a joint venture to develop hybrid components and systems.
2011 PSA Peugeot Citroën and Mitsubishi Motors establish a joint venture in Russia for automotive manufacturing, with PSA holding 70% and Mitsubishi holding 30% ownership.

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