All
this cost money and in 1934, Citroën's biggest creditor Michelin, at
the request of the French government, acquired control of the
company. André Citroën was removed from the post of Chairman and
was replaced by Pierre Michelin who was in turn was replaced by Pierre
Boulanger in 1938. The outbreak of war meant that officially all
research and development ceased; in reality it continued and the fruits
were displayed in 1948 with the presentation of the 2CV.
In
the aftermath of World War 2, production of cars was slow to re-start
because the view of most governments of the day was that automobile
production diverted resources from more essential needs. When the
green light was eventually given, most manufacturers were obliged to
export the majority of their products since this was a way of earning
foreign currency. Coupled with this was a policy of restricting
imports wherever possible – usually by the imposition of swingeing
import taxes. All this meant that new cars were few and far
between on the roads of Europe and furthermore, foreign products were
rendered uncompetitive.
In December 1950, Pierre Boulanger was
killed
at the wheel of an experimental Traction and Robert Puisseux
became
Président-Directeur Général of Michelin and Chairman of Citroën.
Puiseux oversaw the introduction of the DS in 1955. Citroën and
Panhard entered into an agreement to partially merge their sales
networks and in 1965, Citroën took control of Panhard's factory in
Rheims.
Pierre Bercot was
appointed Chairman-Managing Director in 1958 and in 1968 he became
Chairman and Managing Director of Citroën SA. Under Bercot, the
company launched the Ami 6, built a new, state of the art factory in
Rennes in Brittany and acquired a majority share holding in
truck-makers Berliet. The company also entered into agreements
with
NSU to build Wankel rotary engines and with Peugeot although the latter
arrangement fell apart when Peugeot entered into an agreement with arch
rivals Renault in 1964. Bercot then entered into an agreement
with
Fiat (forming a new holding company, PARDEVI owned 51% by Michelin and
49% by Fiat) whereby Citroën dealers sold the Autobianchi range in
France and Belgium and Citroëns were sold via the Fiat network in
Italy. In 1968, the company was re-organised with the setting up
of a
parent company called Citroën SA to oversee the activities of Citroën,
Panhard and Berliet. The company signed an agreement with
Maserati in
the same year.
Claude Alain
Sarre became Chairman and Managing Director of Automobiles Citroën in
1968 and oversaw the building of another new factory at
Aulnay-sous-Bois and the launch of the SM and GS.
In
1971, François Rollier was appointed Chairman and Managing Director of
Citroën SA and Raymond Ravenel became Managing Director of Automobiles
Citroën.
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