Citroen Logo – Citroen was weak and unable to the softening of the automobile market, the withstanding accompanied by the 1973 oil crisis. In 1973, FIAT PARDEVI moved and turned his 49% stake to Michelin. That was a bad sign of things to come and less than a year later, Citroen went bankrupt. French fears The government large job losses and arranged talks between Michelin and Peugeot, which merged to Automobiles Citroen and Automobiles Peugeot into a single company. In 1974, Peugeot Citroen bought by 38.2 % and was responsible for managing the combined activities, in particular their research departments, purchases and investments.
Peugeot sold Maserati to DeTomaso in May 1975 and the Italian firm was quickly able to utilize to sell tens of thousands of bi-turbo revised models of the emerging image of the brand Maserati.The acquisition was back in May 1976, Peugeot SA acquired a 90% stake of Citroen SA and the companies in a holding company, such as PSA Peugeot Citroen fused known.Since Citroen had two successful new Citroen Logo designs in the market was at this time the GS and CX and Peugeot usually cautious in its own finances, was a financial success 1976 until 1979. PSA then purchased the aging assets of Chrysler Europe, leading to losses of 1980 until 1985.PSA gradually eliminated Citroen ambitious attitude to engineering and styling in an effort to brand as an economy brand rebranding. In the 1980s, Citroen models were increasingly Peugeot based. The BX 1982 used the hydropneumatic suspension and still had a Citroenesque appearance, while Peugeot derived driven engines and seen with the bottom group later in the Peugeot 405. In the late 1980s, many of the hallmarks of the brand had also like AX GT, for example, by contemporary journalists known for its poor handling unusual for brand attribute.
Citroen has expanded into many new geographic markets. In the late 1970s, the company developed a small car for production in Romania as Oltcit, in Western Europe known sold as Citroen Axel. The joint venture has ended, but a new joint venture between PSA and Toyota produces cars like the Citroen C1 in the Czech C3 and Xsara are sold alongside the Fukang and Elysée local models. Citroen is in North America, where the company will not be returned since the SM was effectively banned in 1974 provisions were not satisfied NHTSA bumper.The ubiquitous and versatile 2CV workhorse was finally killed in 1990, without replacement. Companies like Chrysler with the PT Cruiser, Scion xB with Toyota and Honda with the Element have recognized the 2CV concept and translated in modern times. Recently, the Citroen C3 Pluriel, an unusual convertible with strong allusions to the 2CV, both in body and introduced in his comprehensive feasibility.