PSA/ Peugeot-Citroen produces vehicles under the Peugeot and Citroen brands. The company also owns the Panhard and Talbot brands (now defunct).

European sales of Peugeot-brand cars fall by 1.7% in 2007, to 1,117,900 from 1,136,200 in 2006. Citroen sales, meanwhile, increase by 1.8%, to 943,000 from 926,000.

Since 2007, PSA/ Peugeot-Citroen has had a gasoline engine alliance with BMW Group. The alliance builds, for the MINI; Peugeot 207; Peugeot 308, and Citroen C3 Picasso, a family of 1.6-liter turbocharged engines with fully variable valve timing and direct fuel injection. Power outputs range from 75 to 175 horsepower. One of these engines was dubbed best-in-class at the 2008 International Engine of the Year Awards.

A revised agreement was signed in February 2010.

PSA also co-develops diesels with Ford, makes commercial vehicles and MPVs with Fiat, and buys 30,000 Citroen C-Crosser and Peugeot 4007 SUVs per year from Mitsubishi.

2007: the end of British production

Having built its 309; 405; 306, and 206 at Ryton in Coventry, Peugeot closes the factory in 2007.

No immediate plans to return to the U.S. market

Following PSA's partnership with Mitsubishi, announced in February 2005, rumors fly that the French might return to the American market, utilizing Mitsubishi's (under-utilized) Normal, Illinois plant and retail network.

PSA denies the rumor. "The question is not looking for a plant, but do we have the products... we need to have a full product line-up to establish our own dealer network," says PSA Chairman Jean-Martin Folz, who additionally admits that PSA "regrets" not remaining in the U.S. market.
"We should obviously be attracted to the North American market. We are certainly thinking about it. We have neither a short-term nor mid-term project today to come back to the U.S. We certainly will do this eventually."