Citroën is a major French automobile manufacturer, part of the PSA Peugeot Citroën group. It was founded in 1919 by French industrialist Andre-Gustave Citroën.
Citroën was the first mass-production car company outside the USA and has earned a reputation for revolutionary engineering and innovation. They have chosen to stay out of the U.S. marketplace since one of their vehicles was banned in 1974 for not meeting NHTSA bumper regulations. Because of this, Citroën is considered a global brand everywhere except in North America.
PSA Peugeot Citroën, the maker of two-thirds of France's cars, is being hit by a recession caused by Europe's economic crisis. The company's share price has slipped more than half since March.