However, despite the Andre Citroen was a smart he was a gambler and a week individual. The bad financial circumstances of his business leaded the business to ruin. In 1934 the automobile business was took over by the main creditor – Michelin Corporation. A year after, Citroen died from stomach cancer.
However, the story about Citroen car corporation does not end. Citroen was a make and make does not die as a landlord. At the moment, in 2014 there are still Citroen’s automobiles at our roads. Moreover, there are still manufactured new autos. 1976 was a very influential year for the Citroen Corporation. In this year the car company becomes a part of car concern called in short PSA, a full name is Peugeot Societe Anonyme.PSA was established in 1976 job (see www.en.jwp.pl) now is a big manufacturer of automobiles, commercial vans and motorbikes. The PSA has created such marks like: Citroen, Peugeot, Simca, Talbot and Panhard.Important individuals of the car business are: Philippe Varin who is CEO and Thierry Peugeot who is a chairman of the supervisory board.
PSA is a great manufacturer of autos, commercial cars and motorbikes. Nevertheless, only 2 brands of PSA have made an international career. They are: Citroen and Peugeot.Vehicles are accessible in our day by day life and people do not think how inventors made them. They just sit and drive and in this way they made the inventors’ dreams come true.