H. Yoo
Research expert covering South Korea
Automotive industry in France - statistics & facts
On January 16, 2021, the merger between the Italian American conglomerate Fiat Chrysler Automobiles and the French PSA Group rattled the status quo of the French automotive industry. Peugeot—the PSA Group’s eponymous subsidiary—was the best-selling car brand in France in 2021, while Citroën came in third. The PSA Group was integral to the French automotive industry’s impact on the global automotive market. In 2020, the Renault Group and Peugeot S.A. held an aggregated eight percent of the global passenger car production and were the leading automakers based in France. However, while Peugeot S.A.’s merger with Fiat Chrysler Automobiles drastically changed the market, it was also lucrative—Stellantis was the fourth-leading automaker worldwide in 2021, with revenues above 176.6 billion U.S. dollars.
