It has been said that the Citroen BX, first released at the 1982 Paris Motor Show, was the car that revived Citroen’s future. Citroen had been owned by the Michelin Tyre group since the early 1930s when Citroen had financial problems and in the mid-1970s the world oil crisis hit the car and component manufacturing industry heavily. As Citroen had spent heavily on new model development and production facility expansion they were very exposed to the downturn and once again drastic action was necessary. Between 1974 and 1976 financial restructuring… Read more