PSA Peugeot Citroen is the modern development of the coffee mill company founded by the Peugeot family in 1810. In fact, the same family still holds a 24.4 percent stake in the company as well as 38.1 percent of the voting rights – they still kind of run the automaker.
However, that may soon change, as according to a Reuter's report, unnamed internal sources apparently suggested, “the Peugeot family has now accepted that they’ll lose control, so this is no longer an issue.”
Read more »