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<p>[QUOTE=&quot;apachea, post: 104486, member: 560&quot;]<b>1974 - 1984&nbsp;&nbsp; THE APPETITE OF A LION</b></p><p><br /></p><p><font size="3"><span style="color: Yellow">1974 - 1984&nbsp;&nbsp; THE APPETITE OF A LION </span></font></p><p><span style="color: yellow">The petrol crisis shakes the automobile industry but Peugeot nevertheless absorbs Chrysler-Europe followed by Citro&amp;euml;n.</span></p><p><span style="color: White"><font size="3"><br /></font></span></p><p><span style="color: White"><font size="3">1974 On 24 June, following negotiations with Michelin about control of Citro&amp;euml;n, Peugeot takes over the direction and management of Citro&amp;euml;n. In April 1976, Peugeot will become the principal shareholder in Citro&amp;euml;n, taking 90% of Michelin&#039;s shares in that company. In an exchange of shares, Michelin takes a 10% share of Peugeot. In October, Peugeot unveils the new V6 PRV engine, the fruit of its agreements with Renault and Volvo, seen on the 504 coup&amp;eacute; at the Paris Motor Show. </font></span></p><p><span style="color: White"><font size="3"><br /></font></span></p><p><span style="color: White"><font size="3">1975 Peugeot unveils its top of the range 604 saloon at the Geneva Motor Show in March. Construction of the Bavans technical centre close to Montb&amp;eacute;liard, to carry out research and trials into motor car exhaust and anti-pollution systems. </font></span></p><p><span style="color: White"><font size="3"><br /></font></span></p><p><span style="color: White"><font size="3">1976 Peugeot takes over Citro&amp;euml;n in April. Peugeot S.A. acquires 90% of the capital of Citro&amp;euml;n, following an exchange of shares with Michelin. Subsequent to this, a new structure is put in place, under the control of the holding company, which becomes PSA Peugeot-Citro&amp;euml;n. Peugeot Lille (CLM subsequently Ind&amp;eacute;nor) makes its millionth diesel engine. </font></span></p><p><span style="color: White"><font size="3"><br /></font></span></p><p><span style="color: White"><font size="3">1977 Creation of the Peugeot-Loire company. Launch of the 305.</font></span></p><p><span style="color: White"><font size="3"><br /></font></span></p><p><span style="color: White"><font size="3">1978 PSA Peugeot- Citro&amp;euml;n buys the three European subsidiaries of Chrysler Corporation: Chrysler-France (Simca), Chrysler UK (Sunbeam-Rootes) and Chrysler Espa&amp;ntilde;a. At the same time as gaining a range of cars and brands , Peugeot acquires industrial sites at Poissy in France, Ryton in Great Britain and Villaverde in Spain</font></span>[/QUOTE]</p><p><br /></p>

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