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Citroen Net Worth, Marketcap, Revenue, Competitors 2026

Citroen logo

Citroen logo

1919 Year Founded
Stellantis Parent Company
$168B Stellantis Revenue 2024
248,000+ Group Employees
Paris Headquarters

Citroen stands as one of the oldest automobile manufacturers in the world. Andre Citroen founded the company in 1919 in Paris, France. The brand became famous for innovative engineering, distinctive design, and mass production techniques.

Today Citroen operates as part of Stellantis, the global automotive group formed in 2021. The company manufactures passenger cars, commercial vehicles, and electric models sold across Europe, Asia, South America, and Africa.

Citroen vehicles have earned recognition for comfort-focused engineering and bold styling. The brand produces popular models including the C3, C4, C5 Aircross, and Berlingo van range. Research and development takes place at facilities in France.

Citroen History

1919
Andre Citroen founded the company at the Quai de Javel factory in Paris, launching the Type A as Europe’s first mass-produced car.
1934
Citroen introduced the Traction Avant, the first mass-produced front-wheel-drive monocoque car. Financial troubles led Michelin to acquire the company.
1948
The legendary 2CV launched at the Paris Motor Show, becoming an iconic economy car that remained in production until 1990.
1955
Citroen unveiled the DS, featuring hydropneumatic suspension, disc brakes, and futuristic styling. It ranked third in the Car of the Century vote.
1968
Citroen acquired Italian sports car maker Maserati to develop high-performance engines for the SM grand tourer project.
1974
Financial difficulties forced a merger with Peugeot, creating PSA Peugeot Citroen. Maserati and Berliet were sold.
1989
Citroen launched the XM, continuing the tradition of innovative suspension systems and distinctive French design.
2014
DS Automobiles separated from Citroen to become an independent premium brand within the PSA Group.
2021
PSA Group merged with Fiat Chrysler to form Stellantis, making Citroen part of the world’s fourth-largest automaker.
2024
Citroen launched affordable electric vehicles including the e-C3, starting at under 24,000 euros in Europe.

Citroen Co-founders

Andre Gustave Citroen
Founded Citroen in 1919 after converting his munitions factory to car production. He pioneered mass production in Europe and innovative marketing techniques including skywriting and the Eiffel Tower light display.

Citroen Market Cap

Citroen operates as a brand within Stellantis, so its value forms part of the parent company’s market capitalization. Stellantis trades on the New York Stock Exchange and Euronext with a market cap of approximately $28.8 billion as of 2025.

Stellantis/PSA Market Capitalization (2015-2025) in Billion USD
$14B
2015
$15B
2016
$22B
2017
$20B
2018
$23B
2019
$25B
2020
$56B
2021
$42B
2022
$68B
2023
$45B
2024
$29B
2025

Citroen Acquisitions

Citroen pursued an aggressive expansion strategy during the 1960s under the leadership of Pierre Bercot. The company sought technology partners and new market segments to grow its automotive empire. This approach led to several notable acquisitions.

In 1965, Citroen acquired Panhard, a French automaker known for mid-sized cars. The companies had cooperated since 1953, sharing sales networks and technology. Citroen phased out the Panhard passenger car brand by 1967 but retained manufacturing expertise.

The same year, Citroen purchased Berliet, a major French truck manufacturer. This acquisition gave Citroen entry into the commercial vehicle market. However, Berliet was later sold to Renault in 1975 following the merger with Peugeot.

In 1968, Citroen made its most ambitious acquisition by purchasing Italian sports car maker Maserati. The goal was to access high-performance engine technology for the SM grand tourer. Maserati developed a 2.7-liter V6 engine that powered the SM from 1970 to 1975. This partnership also brought Maserati vehicles hydropneumatic suspension and other Citroen technologies.

The relationship with Maserati ended poorly. Financial troubles at Citroen during the 1974 oil crisis forced the company to sell Maserati to Alejandro de Tomaso in 1975. The Italian state holding company GEPI took a majority stake in the transaction.

Citroen also formed joint ventures including Comotor with NSU to develop Wankel rotary engines. This venture produced engines for the GS Birotor but failed commercially. The rotary engine program contributed to the financial crisis that led to the Peugeot merger.

Citroen Revenue

Citroen does not report revenue separately from Stellantis. The parent company generated net revenues of 156.9 billion euros in 2024. Citroen and Peugeot together contribute approximately 8% of market share in European automotive sales.

Stellantis/PSA Annual Revenue (2015-2024) in Billion EUR
€54B
2015
€54B
2016
€65B
2017
€74B
2018
€75B
2019
€61B
2020
€152B
2021
€180B
2022
€190B
2023
€157B
2024

Citroen Competitors

Citroen competes in the mass-market automotive segment across Europe and emerging markets. The brand faces competition from French, German, Japanese, and Korean automakers in its core compact car and SUV categories.

Company Headquarters Primary Segment
Renault France Mass-market, Electric Vehicles
Volkswagen Germany Mass-market, Premium
Toyota Japan Mass-market, Hybrids
Ford Motor United States Mass-market, Commercial
Hyundai Motor South Korea Mass-market, Electric Vehicles
Skoda Czech Republic Mass-market, Value
Seat/Cupra Spain Mass-market, Sport
Kia Motors South Korea Mass-market, Electric Vehicles
Dacia Romania Budget, Value
Opel/Vauxhall Germany/UK Mass-market (Stellantis)

FAQs

Who owns Citroen now?

Stellantis owns Citroen as part of its 14-brand portfolio. Stellantis formed in 2021 through the merger of PSA Group and Fiat Chrysler Automobiles.

When was Citroen founded?

Andre Citroen founded the company in 1919 in Paris, France. He converted his World War I munitions factory into an automobile manufacturing plant.

What does the Citroen logo represent?

The double chevron logo represents herringbone gears. Andre Citroen discovered this gear-cutting process in Poland in 1902 and bought the patent.

Did Citroen own Maserati?

Yes, Citroen owned Maserati from 1968 to 1975. The partnership produced the SM grand tourer before financial difficulties forced Citroen to sell.

What is Citroen best known for?

Citroen is famous for innovative engineering including hydropneumatic suspension, front-wheel drive, and iconic designs like the 2CV, DS, and Traction Avant.

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