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PSA/Peugeot-Citroen incoming CEO Philippe Varin (left) and chairman Thierry Peugeot (right)

The Peugeot family has suffered an unfortunate loss this past weekend when Bertrand Peugeot passed away on February 14, at age 85. Having acted as vice-chairman of the eponymous French automaker for some 25 years, Bertrand Peugeot will be remembered as the architect of the merger between his family's company and Citroen, forming PSA/Peugeot-Citroen that is now one of Europe's largest automakers.