PSA Peugeot Citroën (officially Peugeot S.A. , informally PSA) is a French multinational manufacturer of automobiles and motorcycles sold under the Peugeot and Citroën marques. Headquartered in the 16th arrondissement of Paris, PSA is the second-largest Europe-based automaker and the eighth-largest in the world measured by 2010 unit production. PSA is listed on the Euronext Paris stock exchange and is not a constituent of the CAC 40 index.
PSA Peugeot had a remarkably tough couple of years, with the company reporting a €114-million loss in 2014. The French automaker squeezed out the first positive net income for the first time in four years in the first half of this year thanks to a weakened Euro.
However, the company is still in the midst of a recovery and is expected to face troubles ahead, as it works against a number of headwinds such as the China slowdown, a surge in engine manufacturing costs to comply with stricter Euro 6 emissions regulation, and labor troubles in its Latin American and Russian operations.
