GM lost money over two decades; PSA made money in the first year.
After leaving the U.S. market by ending Peugeot sales in 1991, PSA now plans to re-introduce itself as a car seller in 2026.
A fully electric Corsa is part of the plan.
The carmaker has allegedly already decided which French brand would be sold in the States.
The first steps have been taken as PSA launches car-sharing service Free2Move at LAX.
Groupe PSA is the sole remaining bidder.
Perhaps we really will have French cars in the US again.
Despite fluctuating sales figures, Peugeot-Citroen's new incarnation plans to introduce 11 new plug-in vehicle models by 2021.
Groupe PSA CEO Carlos Tavares has laid out a three-step, ten-year plan that could culminate in the French manufacturer's return to the North American market.