However, despite the Andre Citroen was a genius he was a gambler and a week person. The bad financial situation of his corporation leaded the corporation to ruin. In 1934 the vehicle company was took over by the major creditor – Michelin Business. A year after, Citroen died from tummy cancer.
However, the story about Citroen automobile business does not end. Citroen was a make and make does not die as a landlord. At the moment, in 2014 here are still Citroen’s automobiles at our streets. What is more, here are still manufactured new cars. 1976 was a very important year for the Citroen Corporation. In this year the automobile company becomes a part of car concern called in short PSA, a full name is Peugeot Societe Anonyme.PSA was founded in 1976 and now is a big producer of automobiles, commercial vehicles and motorcycles. The PSA has manufactured such brands like: Citroen, Peugeot, Simca, Talbot and Panhard.Influential individuals of the car business are: Philippe Varin who is boss and Thierry Peugeot who is a chairman of the supervisory board.
PSA is a powerful manufacturer of vehicles, commercial vans and motorcycles. Nevertheless, just two makes of PSA have made a worldwide career. They are: Citroen and Peugeot.Cars are accessible in our day by day life and individuals do not think how creators done them. They just sit and go and in this method they made the inventors’ wishes come true.