Editing Peugeot (section)

===Takeover of Citroën and Chrysler Europe===
In 1974, Peugeot bought a 30% share of Citroën and took over it completely in 1975 after the French government gave large sums of money to the new company. Citroën was in financial trouble because it [[research|developed]] too many radical new models for its financial resources. Some of them, notably the [[Citroën SM]] and the [[Comotor]] [[Wankel engine]] venture proved unprofitable. Others, the [[Citroën CX]] and [[Citroën GS]] for example, proved very successful in the marketplace.<ref name="Rehman 2024 d321">{{cite web | last=Rehman | first=Mohammed | title=Peugeot confirms 2024 drivers as Vandoorne ready for full-time WEC return | website=Motorsport Week | date=19 Jan 2024 | url=https://www.motorsportweek.com/2024/01/19/peugeot-confirms-2024-drivers-as-vandoorne-ready-for-full-time-wec-return/ | access-date=20 Jan 2024}}</ref>

The joint parent company became the [[Groupe PSA|PSA Peugeot Citroën]] group, which aimed to keep separate identities for both the Peugeot and Citroën brands while sharing engineering and technical resources. Peugeot thus briefly controlled the Italian [[Maserati]] marque, but disposed of it in May 1975.

The group then took over [[Chrysler Europe|the European division]] of [[Chrysler]] (which were formerly [[Rootes Group|Rootes]] and [[Simca]]) in 1978 as the American auto manufacturer struggled to survive. Soon, the whole Chrysler/Simca range was sold under the revived [[Talbot (automobile)|Talbot]] badge until the production of Talbot-branded passenger cars was shelved in 1987 and on commercial vehicles in 1992.<ref>{{cite web|url=http://www.aronline.co.uk/index.htm?c2storyf.htm|archive-url=https://archive.today/20120718070434/http://www.aronline.co.uk/index.htm?c2storyf.htm|url-status=dead|archive-date=18 July 2012|title=Austin Rover Online|publisher=Aronline.co.uk|access-date=2 May 2011}}</ref>