Short Bio
French automaker Citroen company produces vehicles. In March 1919, André Citron established the “Automobiles Citron” manufacturing firm. Stellantis has owned Citroen since 2021; prior to that, it belonged to the PSA Group when Peugeot purchased an 89.95% stake in 1976.
Overview
Company Name: | Citroen |
Also Know as: | Citroen C3 |
Type: | Automobile manufacturer |
Industry: | Automotive |
Founded: | 1919 |
Founders: | André Citroën |
Headquarters: | Paris, France |
Area Served: | Worldwide |
Revenue: | €17.05 billion (2021) |
Net Income: | €1.1 billion (2021) |
Number of Employees | 175,000 (2021) |
Website: | https://www.citroen.com/ |
History
Citroen was founded in 1919 by André Citroën. The company quickly became a major player in the French automobile market, and by the 1930s, it was exporting cars to countries all over the world. During World War II, Citroen’s production was halted, but the company resumed production after the war. In the 1950s and 1960s, Citroen became known for its innovative designs, such as the DS and the SM. In the 1970s, Citroen was acquired by Peugeot. The two companies merged in 1976 to form PSA Peugeot Citroën. In recent years, Citroen has focused on developing more affordable cars. The C3 is one of the company’s most popular models, and it is sold in over 100 countries.
Services
Citroen offers a range of services, including:
- Sales and leasing
- Maintenance and repair
- Insurance
- Financing
- Aftersales support
Founder
André Citroën was born in Paris, France, in 1878. He was a self-made man who started his career as an engineer. In 1919, he founded Citroen, and the company quickly became a major player in the French automobile market.
Citroën was a visionary leader who was always looking for new ways to improve his cars. He was also a master of marketing, and he used his creativity to generate excitement about Citroen cars.
André Citroën died in 1935, but his company continues to thrive today.
Achievements
Citroen has achieved a number of successes in its long history. The company has won numerous awards for its cars, and it has been praised for its innovative designs and its commitment to quality.
Some of Citroen’s most notable achievements include:
- Winning the 24 Hours of Le Mans race in 1934
- Introducing the first mass-produced car with a hydropneumatic suspension in 1955
- Developing the first car with a directional headlight in 1967
- Introducing the first car with a panoramic sunroof in 1971
Future Plans
Citroen is committed to continuing to innovate and to developing cars that are both stylish and practical. The company plans to introduce a number of new models in the coming years, and it is confident that it can continue to be a major player in the global automotive market.