France’s PSA Group, long an outsider to the United States, has become increasingly tied to the U.S. industry in recent years.
In 2017, it bought the European operations of General Motors. That same year, PSA established PSA North America and said it plans to sell vehicles again in the U.S. And this week, PSA agreed to a merger with Italian-American automaker Fiat Chrysler Automobiles.
Here’s a history, published by Automotive News in March after PSA North America said its return to the U.S. would be led by the Peugeot brand.
1810: Brothers Jean-Frederic Peugeot and Jean-Pierre Peugeot II turn their family-run grain mill into a steel foundry that makes saws, springs, coffee grinders and umbrella frames.